Waterford eyes Rosenthal sale in €150m deal

Luxury goods maker Waterford Wedgwood has hired corporate advisers to assist with a strategic review of its German porcelain business Rosenthal, which is expected to lead to the sale of the company.

21st June, 2008

Luxury goods maker Waterford Wedgwood has hired corporate advisers to assist with a strategic review of its German porcelain business Rosenthal, which is expected to lead to the sale of the company.

It is understood that the decision to hire JP Morgan Casenove followed several unsolicited approaches by industry players to buy Rosenthal. David Sculley, the Waterford chief executive, and Anthony Jones, its chief financial officer, began the review several weeks ago. It is believed...

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