Anglo American plc (LSE:AAL) is considering a sale of its De Beers (De Beers Centenary AG) diamond unit, and has signaled to potential suitors that it is open to offers, The Wall Street Journal reported on April 25, 2024. Anglo has held conversations in recent weeks with potential buyers, including luxury houses and Persian Gulf sovereign wealth funds, according to the report. The company has been conducting a broad review of its assets as lower commodity prices have slammed the industry, particularly the market for diamonds; in February, Anglo said it would take a $1.6 billion impairment charge on De Beers.
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