LVMH builds watch division by acquiring Ebel and Chaumet
Article Abstract:
LVMH Moet Hennessy Louis Vuitton SA stated Wednesday that it acquired Swiss watchmaker Ebel and French jeweler Chaumet to help build its new timepiece division, adding on to the recent acquisition of TAG Heuer International from Switzerland for 1.2 billion Swiss francs (Euro754.6 million). The company outbid Swatch AG to acquire the two companies from Investcorp, a Bahrain investment fund.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Swatch agrees to acquire Breguet from Investcorp
Article Abstract:
Swatch Group SA has reached an agreement to acquire Investcorp SA's Groupe Horloger Breguet. The deal's valued is believed to be somewhere between 120 million francs to 190 million francs.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Gucci to Acquire Bedat, Expanding Its Timpieces Unit
Article Abstract:
Gucci Group NV will acquire Bedat and Co.1 for an undisclosed amount.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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