Billionaire Johann Rupert’s Richemont weighs buying 138-year-old South African company as the $1 billion diamond giant searches for a new owner

Billionaire Johann Rupert’s Richemont weighs buying 138-year-old South African company as the $1 billion diamond giant searches for a new owner

South African billionaire Johann Rupert’s luxury group Richemont is in talks to join a consortium bidding for De Beers, the diamond miner being sold by Anglo American for an estimated $1 billion.

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