Harry Winston Diamond Corporation
HWD (the "Company") announced today that it has now
received all required regulatory approvals to the Company's proposed
sale of its luxury brand diamond jewelry and timepiece division, Harry
Winston, Inc., to The Swatch Group Ltd. (the "Transaction"). The
Company now expects that closing of the Transaction will occur on or
about March 26, 2013. As previously announced, the Company will, in connection with the
closing of the Transaction, change its name to Dominion Diamond
Corporation.
Cautionary Statement on Forward-Looking Information
This news release contains statements that constitute "forward-looking
statements" and/or "forward-looking information" within the meaning of
Canadian and United States securities laws (the "forward-looking
information") relating to the proposed sale of the luxury brand diamond
jewelry and timepiece division of the Company. Such forward-looking
information is subject to important risks, uncertainties and
assumptions, including risks relating to the timing of, and ability to
satisfy, the remaining conditions to closing. The results or events
predicted in forward-looking information may differ materially from
actual results or events. As a result, readers are cautioned not to
place undue reliance on forward-looking information, which speaks only
as of the date of this disclosure,
See full press release
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