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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Stornoway Diamond Corporation (CE) | USOTC:SWYDF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0002 | -66.67% | 0.0001 | 0.0001 | 0.0001 | 0.0001 | 88,950 | 14:30:25 |
From Jun 2019 to Jun 2024
Harry Winston Diamond Corp. (HWD) and groups headed by KKR & Co. (KKR) and Apollo Global Management LLC (APO) are negotiating to buy BHP Billiton Ltd.'s (BHP) Ekati diamond mine, Bloomberg News reported Wednesday, citing two people with knowledge of the matter.
The sale price may be $500 million to $750 million and an agreement could be reached in about a month, the sources told Bloomberg.
According to the report, Apollo is teaming with Eira Thomas, former chairman of Stornoway Diamond Corp. (SWY.T), to bid for Ekati, which is Canada's oldest diamond mine and has produced an average of over three million carats of rough diamonds a year in recent years.
In November, BHP said it would review its diamond operations in preparation for a possible sale.
Full story at http://www.bloomberg.com/news/2012-03-14/harry-winston-kkr-apollo-said-to-consider-bids-for-bhp-mine.html
-Dow Jones Newswires; 212-416-2900
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