Change of ownership at Lazare Kaplan

Diamond cutting and polishing firm, Lazare Kaplan Botswana (LKB), will be taken over by Belgian company, Trau Brothers.

The proposed transaction, which is still going through regulatory scrutiny, will see Trau acquire 51% issued share capital in LKB, leading to 100% shareholding.

Trau Brothers, which is currently a minority shareholder in the American company, will solely control LKB after the transaction.

Editor's Comment
Let us all go to vote

Figures released by the country’s electoral management body have shown that a total of 1, 037, 684 people have registered to vote.However, eligible voters could be discouraged by events leading to the voting day like poor execution of advance voting amid talks that the elections could be unfair.There have also been threats by certain opposition politicians that shall the elections not be free and fair, they will halt them.Despite these...

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