Friday, April 20, 2007

De Beers launches restructuring of Diamdel unit

(Reuters) - Diamond giant De Beers has launched a restructuring of its Diamdel sales operation as part of a wider review to boost efficiency of the group, an official said on Friday.

De Beers has entered a 30-day consultation period with the staff of global units of Diamdel, which sells gems to clients who are not among specially selected "sightholders", London-based spokeswoman Lynette Gould said.


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