BDO advises Ratner on jewellery bid

BDO advises Ratner on jewellery bid

Firm appointed by jewellery chain owner to advise on possible deal

Mid-tier firm BDO Stoy Hayward has been appointed by Gerald Ratner, former
chief executive of the Ratners jewellery chain – since renamed Signet Group – to
advice him on a bid for Signet’s UK chain, H Samuel.

The Daily Telegraph reported that BDO had contacted Signet’s
management on Ratner’s behalf about a possible deal.

Ratner lost control of the company that bore his name after publicly
criticising one of it products.

Two private equity firms – Apax and Kohlberg Kravis Roberts – are also
considering bidding for Signet, after they issuing a statement to the London
Stock Exchange confirming they have ‘jointly undertaken a preliminary analysis
of the company’ and said their ‘analysis included the consideration of a
possible offer for the company’.

Related Articles

Finance director of CMS on mergers, technology and challenges ahead

Corporate Finance Finance director of CMS on mergers, technology and challenges ahead

3w Emma Smith, Managing Editor
SMEs at risk of getting burnt by interest rate rises – why accountants should take note

Corporate Finance SMEs at risk of getting burnt by interest rate rises – why accountants should take note

2m Marc Bajer, CEO, Hadrian's Wall Capital
Grant Thornton recruits new corporate finance partner

Accounting Firms Grant Thornton recruits new corporate finance partner

1y Emma Smith, Managing Editor
Total fraud value at £2bn five-year high, finds BDO

Accounting Firms Total fraud value at £2bn five-year high, finds BDO

2y Stephanie Wix, Writer
MHA MacIntyre Hudson appoints corporate finance director

Accounting Firms MHA MacIntyre Hudson appoints corporate finance director

2y Stephanie Wix, Writer
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

2y Stephanie Wix, Writer
KPMG announces senior partner promotion in Newcastle

Accounting Firms KPMG announces senior partner promotion in Newcastle

2y Stephanie Wix, Writer
Independent city firm reports 70% growth

Accounting Firms Independent city firm reports 70% growth

2y Stephanie Wix, Writer