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jewellery business

August 24, 2017

Heineken takeover approved, Michael Hill profits boosted by Canada, and JAB Holdings to cast off Bally

Heineken takeover approved

The UK Competition and Markets Authority (CMA) has approved Heineken’s takeover of 1,900 pubs, saying it is satisfied the deal will not cause customers to “lose out”.

The Netherlands-based brewer proposed in June a £403 million ($516 million) purchase of the pubs, currently owned by Punch Taverns, a deal Punch shareholders approved in February.

The CMA then raised concerns about reduced competition in 33 UK areas.

November 24, 2015

A family business that has served as a jeweller to six generations of British royalty are sponsoring an exhibition at one of London’s top museums to celebrate their 150th anniversary.

A family business that has served as a jeweller to six generations of British royalty are sponsoring an exhibition at one of London’s top museums to celebrate their 150th anniversary.

Luxury antique dealer Wartski was founded by a Polish refugee, Morris Wartski, in 1865 in the Welsh town of Bangor. Its clients have included everyone from Bing Crosby to Kate Middleton and Prince William, who exchanged wedding bands made by the company when they married in 2011.

January 5, 2012

The Abdullah brothers, majority owners of jewellery retailer Damas, plan to sell some of their stake in the family business in an attempt to boost efforts to repay debt.

The Abdullah brothers, majority owners of jewellery retailer Damas, plan to sell some of their stake in the family business in an attempt to boost efforts to repay debt.

According to a filing with Nasdaq Dubai, where the Middle Eastern company first listed its shares in 2008, third-generation brothers Tawfique, Tawhid and Tamjid have appointed a financial adviser to help with the potential sale of a part of their 52% stake.

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