Mining company set to buy majority of Harry Winston
The New York Times – 11/28/2003
Aber Diamond Corporation, a diamond mining and exploration company based in Toronto, said it intended to buy a majority interest in luxury jeweler Harry Winston Inc.
In 2000, Fenway Partners, a closely held private equity firm, spent $55 million to acquire a stake in the company.
Acquiring Harry Winston would give Aber a retail outlet for its diamonds.
Michel Dyens & Co. acted as financial advisor to Fenway Partners in the transaction.