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DDC - Dominion Diamond News Story

$14.24 -0.0  -0.1%

Last Trade - 01/11/17

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £495.7m
Position in Universe th / 6851

Canada's Dominion Diamond to be bought by Washington Cos for $1.2 bln

Mon 17th July, 2017 1:14pm
July 17 (Reuters) - Canada's Dominion Diamond Corp  DDC.TO  
 DDC.N , the world's third-largest diamond producer by market 
value, said on Monday it would be bought by The Washington 
Companies for $1.2 billion. 
    Washington Companies will acquire all of Dominion's 
outstanding common shares for $14.25 per share in cash, higher 
than its earlier offer of $13.50 per share.  urn:newsml:reuters.com:*:nBw5K0qMpa 
 
 (Reporting by John Benny in Bengaluru; Editing by Maju Samuel) 
 ((John.Benny@thomsonreuters.com; +1 646-223-8780; Reuters 
Messaging: John.Benny.thomsonreuters.com@reuters.net)) 
 
Keywords: DOMINION DIAMOND M&A/WASHINGTONCOMPANIES
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