For the Oppenheimers, diamonds are not forever
By Marius Bosch
Reuters
JOHANNESBURG Nov 4, 2011 – For over 80 years, South Africa’s Oppenheimer family held sway over the global diamond trade, an era which came to an end of Friday with Anglo American’s buyout offer for De Beers.
The $5.1 billion the family will get for its 40 percent stake in the diamond giant could see a large chunk ploughed back into Africa for private equity investment or philantropic work in the world’s poorest continent.
Dilemma X 
November 5, 2011
Business, International