RIO rio tinto limited

News: RIO Dominion Diamond says no contact with Washington Corp after offer

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    TORONTO, April 13 (Reuters) - Canada's Dominion Diamond Corp DDC.TO DDC.N has not had any contact with Washington Corp since the privately-held company made public its unsolicited $1.1 billion offer in late March, said Dominion Chairman Jim Gowans on Thursday.

    Calgary, Alberta-based Dominion launched a formal sales process March 27, after the approach by U.S. billionaire Dennis Washington. Dominion has repeatedly offered to engage with Washington Corp on "customary terms," Gowans said on a conference call with analysts, but that has not happened.

    Dominion, currently seeking a new Chief Executive Officer, is pleased with the progress of its strategic review process, Gowans said, but he would not answer a question on whether there was more than one party interested in the miner.

 
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Last
$116.33
Change
-1.160(0.99%)
Mkt cap ! $43.18B
Open High Low Value Volume
$117.30 $117.36 $115.47 $141.7M 1.218M

Buyers (Bids)

No. Vol. Price($)
1 4546 $116.32
 

Sellers (Offers)

Price($) Vol. No.
$116.34 57 1
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