Johannesburg - Resources giant Anglo
American [JSE:AGL] said on Thursday it had completed its acquisition
of a 40% shareholding in De Beers from CHL - representing the
Oppenheimer family interests.
The deal increases Anglo’s shareholding in De Beers to 85%.
The company has paid $5.2bn‚ comprising the agreed purchase price of $5.1 billion and a number of adjustments as provided for under the agreement.