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South Africa
India's Stargems buys Johann Rupert's diamond operations in South Africa

Reading time 2 min

Johann Rupert, Chairman and CEO of Richemont.
Johann Rupert, Chairman and CEO of Richemont. © David Cannon/David Cannon Collection / Getty Images via AFP

Stargems, until now present only in diamond processing and trade, is in the process of acquiring two South African rough stone production subsidiaries from the Luxembourg company Reinet Investments, which is run by luxury goods tycoon Johann Rupert.

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