On July 5, United Brands Worldwide announced the expansion of
management and consulting services through two new divisions: United Brands Asia and UB China.
“During the past several years, our affiliates and team
members have participated in numerous mergers, IPOs and private placements for
U.S. and Chinese companies. We see this as an exceptional time for diamond and
jewelry companies to get a strong foothold in the financial markets now in
order to better execute their future business plans,” Lyle Rose, president of
United Brands, said in a statement.