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Sotheby's 'perfect' 100-carat diamond sells for $22M

2015-04-22 06:38:43| Jewelry - Topix.net

This flawless, 100-carat diamond sold for $22 million, including buyer's premium, at Sotheby's New York's Magnificent Jewels sale on April 21. It's one of only six diamonds over 100 carats to ever be sold at auction. "Simply put, it has everything you could ever want from a diamond: the classic shape begs to be worn, while the quality puts it in an asset class of its own," said Lisa Hubbard, Chairman of North and South America for Sotheby's International Jewellery Division.

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Tweedy Browne Sells Three Stakes, Buys Three New Ones

2015-04-22 02:48:01| Industrial Machines - Topix.net

The Tweedy Browne Global Value Fund, an investment advisory and fund management firm dedicated to the principles of Benjamin Graham and David Dodd, has a quarter-over-quarter turnover rate of 3% - which, in a portfolio that has nearly 100 stocks, means an approximate turnover of three stocks in a quarter. And that is precisely what Tweedy Browne did in the first quarter of 2015 - it sold its stakes in three companies and bought stakes in three new ones.

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UK threatens to revoke DEA North Sea licences unless LetterOne sells stake

2015-04-21 01:00:00| Offshore Technology

The UK Government proposes to revoke North Sea petroleum licences owned by DEA UK, unless LettrOne, owned by Russian oligarch Mikhail Fridman, offloads its stake.

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Fort Point apartment property sells for $130M

2015-04-20 23:04:31| Real Estate - Topix.net

An affiliate of Chicago-based Equity Residential has acquired the luxury 315 on A apartments in Boston's Fort Point neighborhood for $130.3 million, according to a Suffolk County deed.

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Cirque du Soleil sells majority stake to private equity

2015-04-20 19:09:39| Apparel - Topix.net

The Cirque du Soleil has signed a deal to sell a majority stake to U.S. private equity firm TPG for an undisclosed price, the world-renowned circus troupe announced Monday. Billionaire Cirque founder Guy Laliberte will maintain a stake in the business and continue to provide strategic and creative input to the company.

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