LONDON – Shareholders in Anglo American voted to approve the global miner’s US$5,1 billion acquisition of an additional 40 per cent stake in De Beers, bringing the company closer to sealing control of one of the world’s biggest diamond firms.
In Namibia, De Beers and Government are 50-50 shareholders in Namdeb.The deal, which was announced in November and had been widely expected to get the green light from investors, received 99,94 per cent backing in a shareholder vote at a general meeting held in London on Friday.Anglo expects to conclude the acquisition of the controlling stake in De Beers from South Africa’s Oppenheimer family in the second half of 2012. In addition to shareholder consent, the deal is also subject to regulatory and government approval. – Nampa-Reuters
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