M&A Deal Summary

The Washington Companies Acquires Dominion Diamond

On July 17, 2017, The Washington Companies acquired metals/mining company Dominion Diamond for 1.2B USD

Acquisition Highlights

This is The Washington Companies’ 1st transaction in the Metals/Mining sector.
This is The Washington Companies’ largest (disclosed) transaction.
This is The Washington Companies’ 1st transaction in Canada.
This is The Washington Companies’ 1st transaction in Northwest Territory.

M&A Deal Summary
Date	2017-07-17
Target	Dominion Diamond
Sector	Metals/Mining
Buyer(s)	The Washington Companies
Deal Type	Add-on Acquisition
Deal Value	1.2B USD
Advisor(s)	TD Securities Kingsdale Advisors (Financial) Stikeman Elliott (Legal)

Target

Dominion Diamond

Yellowknife, Northwest Territory, Canada

Dominion Diamond Corp. is a canadian diamond mining company with ownership interests in two major producing diamond mines situated approximately 200 kilometers south of the Arctic Circle in Canada’s Northwest Territories. The Company operates the Ekati Diamond Mine (in which it owns a controlling interest), and also owns 40% of the Diavik Diamond Mine. It supplies rough diamonds to the global market through its sorting and selling operations in Canada, Belgium and India and is Canada’s largest independent diamond producer.

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