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  • Faberge offloaded by stone miner Gemfields

    mining

    Luxury jewellery maker Faberge has been sold by its London-listed owner Gemfields to a tech entrepreneur in a deal worth $50m (£37.2m). The firm, best known for its opulent, ornate eggs, was sold to Sergei Mosunov’s US-based private equity house, SMG Capital, after coloured stones miner Gemfied announced a strategic review of the brand, after [...]

    Faberge eggs have gained cult status since being founded in 1885 (Photo by Shi Zhonghua/VCG via Getty Images)

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