EXCLUSIVE-Dominion Diamond, Stornoway held merger talks - sources


Reuters

March 20 (Reuters) - Dominion Diamond Corp <DDC.TO> <DDC.N>
and fellow Canadian diamond miner Stornoway Diamond Corp
<SWY.TO> have held talks for a potential merger in recent
months, people familiar with the matter said on Monday.
    World No. 3 diamond miner Dominion, which is being targeted
by U.S. billionaire Dennis Washington, and Stornoway, a small
miner with a diamond mine in Quebec, declined to comment. The
people declined to be named as the discussions are private.
[nL2N1GX0P3]
    One of the people said the talks were still ongoing.

 (Reporting by Nicole Mordant in Vancouver and John Tilak in
Toronto; Editing by Denny Thomas and Sandra Maler)
 ((nicole.mordant@thomsonreuters.com; +1-778-374-3854; Reuters
Messaging: nicole.mordant.thomsonreuters.com@reuters.net))

Keywords: DOMINION DIAMOND M&A/STORNOWAY DIAMOND (EXCLUSIVE, URGENT)



This article appears in: Stocks , World Markets , Stocks
Referenced Symbols: DDC


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