A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Washington Acquires Dominion Diamond
Dominion Diamond Corp and The Washington Companies, a group of privately held North American mining, industrial and transportation businesses, announced they have entered into an arrangement where a subsidiary of Washington will acquire all of Dominion's outstanding common shares for $14.25/share, a deal worth approximately $1.2 billion. The transaction represents a 44% premium to Dominion's unaffected share price of $9.92 on March 17. The Washington Companies has a long track record of building businesses throughout North America, experience in mining, as well as operating investments in Canada. Washington said it plans to extend the mine life of Ekati for decades, consistent with the current development plan.
Washington Acquires Dominion Diamond
Dominion Diamond Corp and The Washington Companies, a group of privately held North American mining, industrial and transportation businesses, announced they have entered into an arrangement where a subsidiary of Washington will acquire all of Dominion's outstanding common shares for $14.25/share, a deal worth approximately $1.2 billion. The transaction represents a 44% premium to Dominion's unaffected share price of $9.92 on March 17. The Washington Companies has a long track record of building businesses throughout North America, experience in mining, as well as operating investments in Canada. Washington said it plans to extend the mine life of Ekati for decades, consistent with the current development plan.
Washington Acquires Dominion Diamond
2017
Article (Journal)
English
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