South Africa regulators ok Anglo, De Beers deal

CAPE TOWN - South Africa's competition authority said on Wednesday it had given an unconditional green light to global miner Anglo American's $5.1 billion buy out of unlisted diamond giant De Beers from the Oppenheimer family.

"The Tribunal just approved the transaction without conditions," a spokeswoman for the Competition Tribunal said. The deal was widely expected to be approved.