Profile's ShareDataOnline
Google
 GEMFIELDS
  • Home Page
    		•
  • Glossies
    		•
  • Forecasts
    		•
  • Email Alerts
    		•
    News
  • Latest News
    		•
  • Archive
    		•
  • SENS
    		•
  • Dir Dealings
    		•
    Fact Sheets
  • Summary
    		•
  • Detailed
    		•
  • Valuation
    		•
    Performance
  • Performance
    		•
  • Market Stats
    		•
  • Intraday
    		•
    Results
  • Comment
    		•
  • In Brief
    		•
  • Analysis
    		•
  • In Full
    		•
     
     Latest News: Gemfields Group Ltd. GEMFIELDS [GML]
     Mon, 11 Aug 2025 Official Announcement [TB] 
    Gemfields - sale of Fabergé Ltd.
    Gemfields announced that it has signed an agreement to sell its entire interest in wholly owned Fabergé Ltd. ("Fabergé"), the iconic luxury brand, to SMG Capital LLC (the "Buyer"), for a total consideration of USD50 million. Of that sum, USD45 million is payable to Gemfields by the Buyer on completion of the sale (which is expected on 28 August 2025). The remaining USD5 million is payable to Gemfields by the Buyer by way of quarterly royalty payments at a rate of 8% of Fabergé's revenue. The sale is not expected to be subject to regulatory or any other approval processes.
    Click here for original article
     
     
    Click here for full news archive for this company
    Closing price data source: JSE Ltd. All other statistics calculated by ProfileData.
       
    Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
    Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site
    [  Terms of Conditions |  Privacy Policy |  PAIA manual |  Site Map |  © Copyright Reserved 2025  ]
      


    Powered by ProfileData


    Follow us on:

    Show me the New ShareData Online message.