Anglo’s Handling of De Beers Sale Irks Stakeholder Botswana

Anglo American Plc’s handling of the De Beers sale has angered Botswana, which owns 15% of the diamond producer, because the government believes that it hasn’t been properly consulted, people with knowledge of the matter said.

Anglo is selling De Beers as part of a restructuring plan outlined by Chief Executive Officer Duncan Wanblad after the company fended off a takeover approach from BHP Group Ltd. last year.