Anglo’s Handling of De Beers Sale Irks Stakeholder Botswana

Anglo American Plc’s handling of the De Beers sale has angered Botswana, which owns 15% of the diamond producer, because the government believes that it hasn’t been properly consulted, people with knowledge of the matter said.

Anglo is selling De Beers as part of a restructuring plan outlined by Chief Executive Officer Duncan Wanblad after the company fended off a takeover approach from BHP Group Ltd. last year.

The southern African nation is weighing options including buying Anglo’s stake, the people said asking not to be identified because the information is private. The government has appointed advisers from a ...