Axcel Plans $163 Million Sale of Georg Jensen, Sunday Times Says

Axcel A/S, a Copenhagen-based private equity firm, plans to sell Danish jeweler Georg Jensen A/S for as much as 100 million pounds ($163 million), the Sunday Times said without saying where it got the information.

Fosun International Ltd. (656), owner of jeweler Links of London, might buy the company, which reported last year its first profit in a decade, the London-based newspaper said.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net.

To contact the editors responsible for this story: Daniel Tilles at dtilles@bloomberg.net.

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