RSS feedwaterford wedgwood
’Clarion bids for Wedgwood
Clarion Capital, a US-based buyout group, has made a bid for Waterford Wedgwood, the troubled Irish glassware and crockery group placed in administration last month, reports The Times. The group, which is being advised by John Foley,
Wedgwood family plans ‘all or nothing’ bid
A consortium led by Thomas R. Wedgwood, a direct descendant of the 18th-century industrialist who founded the ceramics maker, is mounting an “all or nothing” bid to buy back the family company, reports The Times.
US buyout group nears Waterford rescue
KPS Capital Partners, a US private equity company, has signed a letter of intent to buy the “major assets” of Waterford Wedgwood from the administrators of the Ireland-based luxury tableware manufacturer.
Waterford Wedgwood eyes asset sale
Talks to salvage Waterford Wedgwood were underway with at least three US parties on Monday night after the owner of the historic crystal and porcelain brands was forced into receivership. The company’s lenders,
Waterford Wedgwood shattered
Ireland’s Waterford Wedgwood, purveyor of Martha Stewart-inspired China and Peter Rabbit crockery, as well as the ubiquitous crystal, is in receivership.
From a statement on the company’s website:
Waterford Wedgwood plc regrets to announce that it has this morning requested that its Stock Units be suspended from trading on the Irish Stock Exchange,
S&P names Euro junk likely to default
Defaults among junk-grade European companies are likely to rise as higher interest rates make it harder to borrow, Standard & Poor’s warned on Tuesday. The ratings agency named 10 companies it said would struggle – among them Head,