online gemfields auction 2017 Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/online-gemfields-auction-2017/ Latest Jewelry News From All Around The World Fri, 13 Oct 2017 10:47:29 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Gemfields’ Biggest Investor Makes Buyout Offer https://www.thejewelrymagazine.com/gemfields-biggest-investor-makes-buyout-offer/ https://www.thejewelrymagazine.com/gemfields-biggest-investor-makes-buyout-offer/#respond Tue, 23 May 2017 06:42:39 +0000 http://www.thejewelrymagazine.com/?p=3766

London–Gemfields biggest investor has made an unsolicited offer to buy out the remaining shares of the company but the miner’s board said it has advised shareholders not to take action yet. London-based private equity firm Pallinghurst Resources Ltd. has offered to buy the 53 percent of Gemfields it doesn’t already own for about $145.2 million. […]

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