Harry Winston Diamond Corp Announces Agreement To Sell Luxury Brand Segment To The Swatch Group Ltd.

Monday, 14 Jan 2013 01:00am EST 

Harry Winston Diamond Corp announced that it has entered into an agreement to sell its luxury brand diamond jewelry and timepiece division, Harry Winston Inc., to The Swatch Group Ltd. for USD750 million plus their assumption of up to USD250 million of pro forma net debt. 

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