As De Beers Bid Deadline Looms, Botswana Pushes for Control

Botswana is holding to its ambition of buying a controlling stake in De Beers from Anglo American Plc, potentially dampening interest from some private investors looking to acquire the diamond giant.

Anglo has set an April 16 deadline for bids, as the London-listed miner pushes ahead with exiting the business despite the diamond market languishing in one of its worst ever crises, according to three people familiar with the matter.