Theo Fennell, the jewellery seller, has confirmed it is in preliminary talks with private equity player EME Capital. An offer period has now begun and EME has until the close of business on October 3rd to make a formal offer or withdraw. Fennell's share price rose 15% in response to the news.
Cancer treatment and vaccines firm Xenetic Biosciences has appointed Russian researcher Dr. Alexander Gabibov to its scientific advisory board. This appears to be something of a coup for Xenetic, with Gabidov already a member of France's National Academy of Pharmacy while serving as President of the Russian Biochemical and Molecular Biology Society. Xenetic's shares were up 8.6% by 11:15.
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High earners underestimate how much they need to retire comfortablyHigh net worth individuals grossly misjudge how much money they need for a comfortable retirement, new data shows, with many not saving enough.
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Retired banker who gave wife £80m to avoid inheritance tax won’t face equal split in divorceFamily lawyers say the Supreme Court ruling will have significant impact on high net worth divorce cases
