Anglo to Buy Oppenheimers’ De Beers Stake for $5.1 Billion

Anglo to Buy Oppenheimers’ De Beers Stake for $5.1 Billion

De Beers Group via Bloomberg

Supplies of rough diamonds, which are turned into polished gems, are forecast to remain flat in the next five years and will fail to match demand driven by China and India, according to RBC Capital Markets.