Mercury assisted deprotection of dithiane
$\ce{Hg^2+}$ has a high affintity to thiols and other sulfur functional groups, and therefore $\ce{HgCl2}$ forms a Lewis acid-base adduct with the dithiane. The cyclic sulfonium cation undergoes ring opening, and after nucleophilic attack by water, a second Hg-S bond under ring closure is formed. Deprotonation finally yields the deprotected carbonyl compund and the cyclic mercury dithiolate.