TORONTO, April 13 Canada's Dominion Diamond Corp has not had any contact with Washington Corp since the privately-held company made public its unsolicited $1.1 billion offer in late March, said Dominion Chairman Jim Gowans on Thursday.
Calgary, Alberta-based Dominion launched a formal sales process March 27, after the approach by U.S. billionaire Dennis Washington. Dominion has repeatedly offered to engage with Washington Corp on "customary terms," Gowans said on a conference call with analysts, but that has not happened.
Dominion, currently seeking a new Chief Executive Officer, is pleased with the progress of its strategic review process, Gowans said, but he would not answer a question on whether there was more than one party interested in the miner. (Reporting by Susan Taylor; Editing by Chizu Nomiyama)
Japan shares drop as techs underperform; small caps hit hard
TOKYO, June 28 Japanese stocks wobbled on Wednesday as tech shares followed their U.S. counterparts down and as souring sentiment battered small caps, while large cap bank shares benefited from a rise in global bond yields.
UPDATE 1-UK Stocks-Factors to watch on June 28
June 28 Britain's FTSE 100 index is seen opening down 19 points at 7,415.6 on Wednesday, according to financial bookmakers, with futures down 0.24 percent ahead of the cash market open.