KKR reportedly is working on a deal to buy the diamond units currently owned by...

|About: KKR (KKR)|By:, SA News Editor
KKR reportedly is working on a deal to buy the diamond units currently owned by BHP Billiton (BHP) and Rio Tinto (RIO) and combine the two. KKR is leading bids in a $750M auction of BHP’s Ekati diamond mine in Canada after Apollo (APO) and Gem Diamonds (GMDMY.PK) reportedly dropped out; Harry Winston Diamonds (HW) is said to remain in the running.