According to two people familiar with the matter, Harry Winston Diamond, a large-scale listed diamond company in Toronto, and the acquisition team led by US private equity giant KKR Group, led by American private equity giant Apollo Global Management LLC The acquisition team is negotiating with BHP Billiton to acquire BHP Billiton's Ekati diamond mine in Canada. People familiar with the matter said that BHP Billiton’s current round of acquisitions could reach $500 million to $700 million, and negotiations between the parties may reach an agreement in about a month. In addition, Apollo Global Management and former chairman of Stornoway DiamondCor, Eira Thomas, launched a joint bid for the BHP Billiton Ekati diamond mine. According to the information published on the BHP Billiton website, the BHP Billiton Ekati diamond mine is located in northwestern Canada. The value of the bricks produced by the BHP Billiton Ekati diamond mine accounts for 11% of the value of the masonry in the region. In addition, the Harry Weston Diamond Company has a 40% stake in the Ekati Diamond Mine. According to the Rapaport Diamond Trade Index published by the diamond giant Rapaport Group, diamond prices rose 22% last year.
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