By  on January 29, 2020

PARIS — De Grisogono has filed for bankruptcy after a months-long sales process failed to turn up a buyer, according to a statement from the company Wednesday, a week after press reports linked the Switzerland-based luxury jeweler to the Luanda Leaks investigation of Isabel dos Santos, the daughter of Angola’s former president.

“For several months, a sale process has been under way. Despite considerable headway, the transaction did not go through,” the jeweler said. “Without financial support of its current shareholders, and without a buyer, the solvency of the company is now under threat, thus making it impossible to continue activities,” it added.

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