Headlines

Signet Jewelers to Buy Zale Chain

Deal is worth about $690M

Published

10 years ago

February 19, 2014

steve kaufman

Signet Jewelers, owner of retail jewelry chains Kay Jewelers and H. Samuel, is buying Zale Corp. for approximately $690 million “to help diversify its business and expand further internationally.”

The acquisition still needs approval from Zale shareholders. Theo Killion is expected to remain Zale ceo.

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