Report: Watches of Switzerland in take-private talks
- Location
- London · 🇬🇧 United Kingdom
- Sector
- Luxury goods
- Organisations
- Private-Equity- und strategische Interessenten (ungenannt) ↔ Watches of Switzerland Group
- Transaction
- Take-private talks
- Volume
- not disclosed
- Status
- announced
Media reports (Reuters/Bloomberg, 13 July): The UK's largest Rolex retailer has held talks in recent months about a potential take-private with private-equity and strategic bidders; no formal offer has been made. The company is reportedly seeking significantly more than £7.50 per share; the shares surged on the report.
Source: bloomberg.com ↗ · Archived copy ↗
Evidence: one source · based on reports (not independently confirmed) · How well sourced is Eurotrack?
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