The mining newspaper for Alaska and Canada's North

Dominion agrees to US$1.2B acquisition

Dominion Diamond Corp. July 17 reported that it has reached an agreement to be bought by The Washington Companies in a deal worth roughly US$1.2 billion.

Owned by billionaire Dennis Washington, The Washington Companies is a group of privately held North American mining industrial and transportation businesses.

Washington has agreed to pay cash to acquire all of Dominion's outstanding common shares...

 

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