BENGALURU: China’s Fosun International Ltd joined the race for Faberge owner Gemfields Plc with an approach that valued the London-listed company at £225mil.
Gemfields, which mines for emeralds and amethysts in Zambia and for crimson and pinkish-red coloured ruby and corundum in Mozambique has already received a buyout offer from leading shareholder Pallinghurst Resources Ltd.
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