Waterford Wedgwood to sell off Rosenthal
Waterford Wedgwood, the Irish crystal and china maker, is planning to sell German porcelain business Rosenthal, and may fetch up to €200 million in the deal, according to reports.
Waterford Wedgwood, the Irish maker of china and glassware, found itself close to bankruptcy yesterday after failing to secure a buyer amid a global economic slowdown, placing at risk thousands of jobs.