Golden Gate Capital gets 19.9% stake holding in Zale Corp.

The company is now the second largest stakeholder in Zale

Post By : Diamond World News Service On 22 May 2010 2:02 PM
In a recent Reuters report, Harry Winston Diamond Corp., which is the new identity of former Aber Diamond, announced its intent to purchase 60 per cent stake in Rio Tinto’s Diavik diamond mine, in which it already is a 40 per cent stake holder.%%“If it were for sale, yes of course we would,” mentioned Robert Gannicott, Chief Executive Officer of the company. He mentioned that he was confident the mine would produce over 10 million carats during 2007.

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