Iran war restricts bidders as former De Beers boss's group leads race for top diamond miner
A group headed by Gareth Penny has taken the lead in acquiring the world's biggest diamond miner after the Iran war limited competing offers.
rte.ieA consortium led by Gareth Penny is leading the race to buy the world's biggest diamond miner. Penny previously served as De Beers's boss. The Iran war hampered other bidders in the contest. The source material states that the consortium's position strengthened after the conflict restricted participation by rival groups.
No further details on the identity of the miner, the size of the proposed transaction, or the remaining bidders appear in the reporting.

