Angola’s state-owned diamond company, Endiama, has formally submitted a bid to acquire Anglo American’s 85% stake in De Beers, intensifying a high-stakes contest for control of one of the world’s most iconic diamond producers. The move comes amid Anglo American’s broader restructuring efforts, which include divesting legacy assets to streamline its portfolio and fend off … Continue reading Angola’s Endiama submits formal bid for De Beers as Anglo American restructures