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Daily Digest

Jewellery News from Around the World in One Place
gemfields hits back
Daily Digest - June 5, 2017

Gemfields Hits Back

Last week we reported on the surprise takeover bid of Gemfields by its largest shareholder, Pallinghurst Resources. As soon as the takeover bid hit, the minority investors fought back, angry at the fund for its “opportunistic” bid, and said most of Gemfields’ costs stemmed from the loss-making Faberge unit, which incidentally, Pallinghurst sold to the company in 2013 in a controversial $142m...
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surprise attempt to take over gemfields?
Daily Digest - May 26, 2017

Surprise Attempt to Take Over Gemfields?

Gemfields, the leading producer of ethically-sourced rare coloured gemstones and owner of the Faberge brand, has been hit by a surprise by its largest shareholder.
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