Harry Winston Diamond Corporation to Sell its Luxury Brand Segment to Swatch Group for $750M
January 14, 2013 at 08:22 AM EST
Harry Winston Diamond Corporation (NYSE: HWD ) (the "Company") announces today 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. (OTC: SWGAY ) for US$750 million plus their assumption of up to
