|
RAPAPORT... Luxury jeweler Theo Fennell again extended the deadline for EME Capital to make a firm offer for the company by one month to July 30, 2013. Negotiations have been ongoing since September 2012 and the bid deadline has been extended seven times, according to briefs filed with the London Stock Exchange. While, according to Theo Fennell's board, there can be ''no certainty that an offer will be made,'' the board told shareholders today that EME Capital must either announce a firm intention to make an offer for the jeweler or state that it does not intend to make an offer by the new date. EME Capital is a private equity firm specializing in mergers, acquisitions and financing with offices in London, Paris and Dubai.
|