.
MergerLinks Header Logo

New Deal


Announced

The Washington Companies to acquire Dominion Diamond Mines for $126m..

Financials

Edit Data
Transaction ValueÂŁ103m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Canada

diamond mining

Friendly

Pending

Diamonds and Gemstones

Single Bidder

Acquisition

Majority

Synopsis

Edit

The Washington Companies, an industrial services provider, agreed to acquire Dominion Diamond Mines, a Canadian mining company, for $126m. This transaction will ensure Dominion will be able to deliver on its plans to resume mining operations at the Ekati Diamond Mine, provide assurance to Dominion’s employees, suppliers and the communities. It will also allow Dominion to pay or meet obligations owed to employees, and ensure compliance with all appropriate health, safety and environmental standards at Ekati and provide economic support to the communities in the Northwest Territories.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US