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Harry Winston Gets Nod to Sell Luxury Segment to Swatch Group
Mar. 22, 2013 07:40PM PST
Gem InvestingMining Weekly reported that diamond miner Harry Winston has received all the approvals needed to sell its luxury brand segment for $750million to the Swatch Group so that it can already focus on its mining activities.
Mining Weekly reported that diamond miner Harry Winston has received all the approvals needed to sell its luxury brand segment for $750million to the Swatch Group so that it can already focus on its mining activities.
As quoted in the market news:
After the close of the transaction, Harry Winston Diamond would change its name to Dominion Diamond Corporation.
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