Change of ownership at Lazare Kaplan
Friday, January 10, 2014
The proposed transaction, which is still going through regulatory scrutiny, will see Trau acquire 51% issued share capital in LKB, leading to 100% shareholding.
Trau Brothers, which is currently a minority shareholder in the American company, will solely control LKB after the transaction.
With both sides entrenched in legal battles and public spats, the risk to public health, trust in institutions, and the welfare of doctors grows by the day. It's time for cooler heads to prevail. The government and BDU must return to the negotiating table, not with threats, but with a shared commitment to resolve this crisis fairly and urgently.At the heart of this dispute lies a simple truth: doctors aren't just employees but guardians...