Thursday, April 22, 2010

Jeweler Zale Hopes to Earn Up to $150 Million from Selling Minority Stake

Jewelry giant Zale Corporation is considering selling a minority stake to Golden Gate Capital Corp., hoping to gain $100 million to $150 million from the sale, reports Diamond World.

Zale has yet to conduct further talks with private equity firm Golden Gate prior to signing a transaction. There are no reports yet on the percentage of the stake of the jewelry company that may be up for sale. Select your diamond ring from the wide range of collection at RoyalDesignOnline.com

Click the following news source link for the full story
http://www.israelidiamond.co.il/...

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