Alrosa Board Approves Kristall Takeover

Alrosa Kristall polished diamonds

Alrosa is set to finalize its acquisition of diamond manufacturer Kristall in a $29 million deal in October, following approval from its supervisory board. Alrosa expects the RUB 1.89 billion sale-and-purchase agreement to be signed by the end of the month, with a concrete plan for the manufacturer’s integration into the company to be in … Read more