Change of ownership at Lazare Kaplan
Friday, January 10, 2014
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.
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...