Wednesday 1 July 2015

Rajesh Exports may take Swiss Co Pie



Listed jeweller Rajesh Exports is in talks to acquire a large stake in Swiss gold refinery in an all-cash deal which could be valued at about US $400 million (over . 2,500 crore at current ex` change rate).According to two persons aware of the negotiations, the Bengaluru-headquartered company had sounded out Valcambi, owned by the S&P500-listed Newmont Mining Corporation, on a possible transaction.- Read more

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