Richemont and Signet Said In Talks to Join Bidder for De Beers

Luxury giant Richemont and US retailer Signet Jewelers Ltd. are in talks to join a consortium that’s in prime position to buy diamond miner De Beers, according to five people...

By William Clowes, Thomas Biesheuvel and Allegra Catelli · Bloomberg Markets

Luxury giant Richemont and US retailer Signet Jewelers Ltd. are in talks to join a consortium that’s in prime position to buy diamond miner De Beers, according to five people familiar with the matter.