Anglo American in De Beers Takeover Bid? ‘Baloney'
December 20, 10Will Oppenheimer sell De Beers holding to Anglo American? |
Lynette Gould at De Beers called the report “pure speculation" adding that this is a matter for the shareholders to comment on. Other City sources called the report “Baloney.”
This is not the first time that such a report surfaces. It’s no secret that there is a certain amount of tension between Anglo, the firm established by the Oppenheimers, and De Beers.
The different speculations included talk that the Oppenheimers will sale their stake in Anglo, currently just below 2 percent, and increase their holding in De Beers - either by buying part of Anglo’s stake or Botswana’s, which holds the remaining 15 percent.