Dominion Diamond Corporation(DDC)- NYSE
  • Jan. 14, 2013, 6:50 AM
    Swatch (SWGAY.PK) agrees to pay $750M to acquire the Harry Winston brand from Harry Winston Diamond (HWD). The Swiss company will also assume close to $250M in debt as part of the deal.
    | Jan. 14, 2013, 6:50 AM
  • Nov. 13, 2012, 9:57 AM

    Harry Winston Diamond (HWD -2.1%) agrees to buy BHP Billiton’s (BHP -1.2%) diamonds business for $500M, as BHP elects to get out of the diamond business because it could not build up enough scale to make it worthwhile. The deal includes BHP’s 80% stake in the rich Ekati diamond mine in the Northwest Territories, along with its diamond marketing business.

    | Nov. 13, 2012, 9:57 AM
  • Oct. 18, 2012, 3:45 PM
    Harry Winston Diamond (HWD -4.5%) gives back much of yesterday's gains after CEO Frederic de Narp denies reports the company is looking to sell its watch and jewelry business.
    | Oct. 18, 2012, 3:45 PM | 1 Comment
  • Oct. 17, 2012, 11:17 AM

    Harry Winston Diamond (HWD +7%) is looking to sell its watch and jewelry business to concentrate on its mining business, and has been approaching potential buyers such as luxury groups LVMH and PPR, Reuters reports. HWD, which owns 40% of Canada's Diavik diamond mine, posted a lower quarterly profit and said luxury demand has slowed.

    | Oct. 17, 2012, 11:17 AM
  • Aug. 6, 2012, 3:52 PM

    Harry Winston (HWD +2.2%) has secured bank financing for a potential deal to buy the Ekati diamond mine from BHP Billiton (BHP +0.7%), but the sale process has moved slowly and may still break down, FT reports. Complicating things is Rio Tinto's (RIO) nearby mine it may want to sell; HWD owns a 40% stake and may decide to pick up the remaining 60%, but it can't afford to do both deals.

    | Aug. 6, 2012, 3:52 PM