Botswana Agrees to Raise De Beers Stake, Easing Anglo’s Exit

Botswana's President Duma Boko announced his country will increase its stake in De Beers to 30%. Anglo American Plc has sought to divest from De Beers, and the increased Botswana ownership may facilitate that exit. De Beers is a major diamond mining company with significant operations in Botswana.

• Bloomberg — Botswana Agrees to Raise De Beers Stake, Easing Anglo’s Exit

Next story