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LONDON Aug 16 (Reuters) – Global miner Anglo American
said it completed the acquisition of the Oppenheimer
family’s interest in diamond producer De Beers, paying $5.2
billion to raise its stake to 85 percent.
Anglo, which already owned 45 percent of De Beers, said the
final price it paid was higher than the $5.1 billion agreed
purchase price, as a number of adjustments were made which were
provided for under the sale agreement.
The stake sale, announced by the Oppenheimers in November,
was given the go-ahead by regulators in July.
(Reporting by Sarah Young, Editing by Brenda Goh)
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