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Waterford not exercised by Royal Doulton takeover talks

It is understood that Waterford Wedgewood are not exercised by a potential takeover of Royal Doulton by a private equity group like Alchemy.

They built up their 14.9% stake in Royal Doulton to ensure that they would be well placed if another major ceramics group launched a bid for the company and are not unsettled that Royal Doulton is in discussions with a private equity group.

The Financial Times had earlier reported that Royal Doulton has had talks with Alchemy Partners on a possible buy-out.

British ceramics and giftware marker Royal Doulton, in which Waterford Wedgwood has a 14.9% stake, is understood to have had talks with private equity group Alchemy Partners on a possible buy-out, according to the Financial Times.

The FT said Alchemy could face competition from trade and financial buyers, including Waterford Wedgwood.