Event

Plan to separate De Beers from Anglo American

Anglo American's plan, announced in May 2024, to divest or demerge De Beers.

3 links, 2 backed by primary records

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Dates
14 May 2024 –

Connections 3

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Timeline 1 date
  1. 14 May 2024 – Plan to separate De Beers from Anglo American
Proof 4 sources
  1. Anglo American accelerates delivery of strategy to unlock significant value, Anglo American plc, 14 May 2024. Primary record
    De Beers – To be divested or demerged, to improve strategic flexibility for both De Beers and Anglo American
  2. Anglo American Full Year Results 2024, Anglo American plc, 20 Feb 2025. Primary record
    Given prevailing diamond market conditions, we have reduced our carrying value of De Beers by $2.9 billion.
  3. Q3 2026 Production Report, Anglo American plc, 20 Oct 2026. Primary record
    At De Beers, we continue to work towards a transaction in a challenging market
  4. Anglo American to sell De Beers, JCK. Scholarship & press
    Anglo controls 85% of De Beers, while the government of Botswana owns 15%.
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