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Gold/Mining/Energy : De Beers: DBRSY
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To: Adelantado who wrote ()1/16/1999 6:39:00 PM
From: Adelantado  Read Replies (1) of 87
 
Today's news:

DEBEERS CONSOLIDATED MINES said that shareholders agreed to dispose of several assets to ANGLO AMERICAN CORP as part of a sweeping overhaul of the Anglo empire. "The requisite majority of shareholders passed the ordinary resolutions approving the agreement between the company and Anglo American Corp...," De Beers said in a statement. De Beers' shareholders approved the sale to Anglo American of holdings in Anglo American Platinum Corp, pulp and paper producer Mondi Ltd, heavy minerals firm Namakwa Sands Ltd and manganese producer Samancor Ltd. (Reuters 08:17 AM ET 01/15/99) For the full text story,)

So, what does all this mean?

Joe
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