Tag Archives: business sale

Albemarle terminates plan to sell business

Albemarle terminates plan to sell business

Pawnbroker says offers made did not meet the value of the company. Albemarle & Bond has today confirmed that, despite a number of proposals being put forward, it will abandon its attempts to sell the business. In December 2013 the pawnbroker announced that it was in the best interests of the company’s shareholders to seek

Rio Tinto halts plans to sell diamond business

Company opts to keep mining operation owing to robust stone demand. Rio Tinto has announced that it will retain its diamond business following a strategic review of its operations which included a potential sale or divestment. The mining company, which also mines metals and minerals including copper, aluminium and iron ore, announced in March 2012

Retail administration increases 11% in 2011

42 companies go into administration in Q4 of last year. Research by Deloitte has revealed that the number of retailers falling into administration increased from 165 to 183 in 2011, an increase of 11%. Despite what Deloitte describes as a “lucrative Christmas period”, administrations still increased by 27% in Q4 compared to Q3, with a

HPJ and Jewel Nation in second administration sale

Retailer suffers second set back as turnover falls 10% below budget. Unforgiving trading conditions are being blamed for Half Price Jewellers (HPJ) and Jewel Nation falling into administration for the second time this year. Stores forming part of the HPJ and Jewel Nation chains have been affected after leading discount jewellers Gemstone Retail Limited and