By Michael SusinBlueRock Diamonds said Wednesday that the Teichmann Group has proposed to buy its principal operating subsidiary, Kareevlei Mining, as part of its rescue process. The London-listed diamond producer said that Teichmann Group is leading a propsoal to acquire Kareevlei, either through assets or shares and loan account owned by BlueRock.

Source: Wall Street Journal May 24, 2023 19:50 UTC