City View: Cookson Will Sell Despite a Recovery

Summary


Cookson is pressing ahead with plans to sell all or part of its precious metals operations -in the US and France, as well as Birmingham -despite a robust recovery in the worldwide trading of the entire group in the opening months of this year.

Cookson said last month that it was in the very early stages of 'evaluating strategic options' for the precious metals division, which supplies semi-finished gold, platinum rings and settings to jewellery manufacturers. Yesterday it confirmed that this process is continuing.

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City View: Cookson Will Sell Despite a Recovery

A company spokesman stressed that Cookson was under no financial pressure to hurry any sale. It rai...

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