The mining newspaper for Alaska and Canada's North

Billionaire makes bid for Dominion Diamonds

Dominion Diamond Corp. March 19 confirmed that it has received an unsolicited US$1.1 billion buyout bid from Washington Corporations, a group of companies owned by billionaire Dennis Washington.

Dominion said the preliminary expression of interest submitted by Washington is subject to, among other things, extensive due diligence, negotiation of satisfactory agreements and regulatory approvals, and...

 

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