Anglo American Completes Acquisition of De Beers

Forbes reported Anglo American (LSE:AAL) has acquired the remaining 40 percent shareholding in the De Beers Group from the Oppenheimer family.

As quoted in the market news:

This acquisition boostsAnglo American‘s ownership of De Beers to 85 percent. The remaining 15 percent of shares in the company is owned by the government of Botswana.

Click here to read the full Forbes report.