Richemont considers De Beers bid: stock pre-market at EUR 189.08
Published on 10/16/2026 at 08:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDe Beers talks and trading context
- Reuters reported on October 15, 2026, that Richemont was discussing joining a consortium bidding for De Beers.
- Richemont stock trades pre-market at EUR 189.08 at 8:18 a.m. CEST at Lang & Schwarz on October 16, 2026.
- The potential De Beers transaction was valued at about USD 1.00 billion and concerned Anglo American’s 85 percent stake.
Richemont stock was at EUR 189.08 pre-market at Lang & Schwarz at 8:18 a.m. CEST on October 16, 2026. The bid was EUR 188.55 and the ask EUR 189.60.
Pre-market trading
The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Richemont stock.
Reported De Beers discussions
Reuters reported on October 15, 2026, that Richemont was in talks to join the Global Diamond Consortium, which is bidding for De Beers. The potential transaction was valued at about USD 1.00 billion and involved Anglo American’s 85 percent stake. The report said there was no guarantee that Richemont would join the consortium.
The report identified the consortium as being led by former De Beers chief executive Gareth Penny. Richemont owns Cartier and Van Cleef & Arpels, according to the report.
Investor information
Richemont’s investor-relations page lists FY26 sales of EUR 22.4 billion, operating profit of EUR 4.5 billion and operating cash flow of EUR 4.9 billion. The page also lists EUR 8.5 billion in net cash and says that 77 percent of sales were direct to end clients. These figures are identified there as relating to FY26.
Market context: Market report SMI.
