Specialty Retail M&A » By The Online Investor Staff, updated Wed., Jan. 20, 2:33 AM
Recent mergers and acquisitions in the Specialty Retail M&A category.
| This Slide: #6 of 28 |
Slide #6. Signet Jewelers Ltd — Exelco Diamond Polishing Factory in Gaborone, Botswana
Acquirer:
Signet Jewelers Ltd (NYSE:SIG)
Acquiree:
Exelco Diamond Polishing Factory in Gaborone, Botswana
Details:
Signet Jewelers Ltd ("Signet") (NYSE: SIG) (LSE: SIG), the largest specialty retail jeweler in the US and UK, announced today that it has acquired a diamond polishing factory in Gaborone, Botswana from H&A Cutting Works (Botswana) (Proprietary) Ltd., a subsidiary of Exelco International Limited.
Signet Jewelers is a holding company. Through its subsidiaries, Co. is a retailer of diamond jewelry. Co. operates retail jewelry stores in a variety of real estate formats including mall-based, free-standing, strip center and outlet store locations. Co. has three reportable segments: North America, which operates a variety of mall-based regional banners, including Gordon's Jewelers in the U.S. and Mappins Jewellers in Canada, and JamesAllen.com; International, in which its stores operate in shopping malls and off-mall locations under the H.Samuel and Ernest Jones banners; and Other, which includes subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones.
SIG SEC Filing Email Alerts Service
Open the SIG Page at The Online Investor »
|
||||||||||||||||||||||||
Open the SIG Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
 
|
Hold (2.25 out of 4) 4th percentile
(ranked lower than approx. 96% of all stocks covered)
Analysts' Target Price: SIG Stock Forecast Based on Zacks ABR data; powered by Xignite |
