Pounds 2.3bn Secret Talks for Reborn Ratners ; Signet Is Poised for Zale Tie-Up After Seizing Top Spot in America

Summary

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SIGNET, the world's biggest jeweller and owner of High Street chains H Samuel and Ernest Jones, is in secret talks about a potential Pounds 2.3 billion tieup with its nearest rival, America's Zale Corporation.

It is understood that Signet was approached by Zale and its adviser, investment bank Goldman Sachs, in the past few months.

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Extract

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Pounds 2.3bn Secret Talks for Reborn Ratners ; Signet Is Poised for Zale Tie-Up After Seizing Top Spot in America

The talks, which also involve Signet's banking adviser Lazard, are believed still ...

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