Harry Winston Diamond Corporation has confirmed that it has received interest from buyers in its luxury brand segment but has said that it is not in active negotiations.
Speculative reports came out in the media yesterday suggesting that Harry Winston was seeking a buyer for its watches and jewellery division so that it could better concentrate its efforts on mining.
This statement has been released by the group: “In response to recent media reports, Harry Winston Diamond Corporation today announced that while it is the company’s general policy not to comment on market rumours, it confirms that it has received various indications of interest regarding a potential purchase of its luxury brand segment. It is not in active negotiations regarding any such transaction. “
The statement went on to say that Harry Winston does not intent to make any further announcements regarding speculation surrounding a possible sale unless warranted by law or other circumstances.