Mirfield 1964 group closes in on jeweller Theo Fennell
Friday 02 August 2013
A consortium of private investors finally looks set to get its hands on the luxury jewellery brand Theo Fennell.
The proposed takeover is by Mirfield 1964, a vehicle set up in June specifically for the acquisition. Its investors include Mike Jatania, the cosmetics tycoon, Sir Keith Mills, who was deputy chairman of the London Organising Committee of the Olympic Games, and Jon Moulton, the founder of Better Capital. Each of them has invested £1.5m, while the private-equity group EME Capital and the former Goldsmiths chairman and chief executive, Jurek Piasecki, have each committed £500,000.
The saga has run for 11 months and included seven Takeover Panel deadline extensions. Mirfield will pay 12.5p a share, Mr Piasecki will become chief executive and founder Theo Fennell pictured, will join Mirfield's board.
- 2 Mystery man who gave mum heart-warming note on train 'wanted to put a smile on her face'
- 5 Amal Clooney gives excellent answer to fashion question at European Court of Human Rights
King Salman: Just five days in, Saudi Arabia's new king has already overseen a beheading
Mystery man who gave mum heart-warming note on train 'wanted to put a smile on her face'
Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
Amal Clooney gives excellent answer to fashion question at European Court of Human Rights
Mafia's wall of silence broken: Victim of Cosa Nostra's extortion rackets in its Corleone heartland co-operates with authorities for the first time ever
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...
£16500 - £16640 per annum: Recruitment Genius: This fast growing Finance compa...