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S.Africa regulators ok Anglo, De Beers deal

11 April 2012 By admin

CAPE TOWN, April 11 (Reuters) – South Africa’s competition
authority said on Wednesday it had given an unconditional green
light to global miner Anglo American’s $5.1 billion buy
out of unlisted diamond giant De Beers from the Oppenheimer
family.

“The Tribunal just approved the transaction without
conditions,” a spokeswoman for the Competition Tribunal said.
The deal was widely expected to be approved.

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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