Apollo Global places 22.7m Watches of Switzerland shares
Watches of Switzerland Group
344.00p
16:35 26/04/24
2.93%
9.80p
Watches of Switzerland fell on Wednesday after Apollo Global Management placed as many as 22.7 million shares in the company.
FTSE 250
19,824.16
16:59 26/04/24
n/a
n/a
FTSE 350
4,470.09
16:59 26/04/24
n/a
n/a
FTSE All-Share
4,423.59
17:14 26/04/24
n/a
n/a
Personal Goods
16,042.55
16:59 26/04/24
1.09%
172.39
According to terms seen by Bloomberg, Jewel Holdco, a company owed by the private equity firm, is the selling shareholder.
Bloomberg said Barclays and HSBC are joint global coordinators.
At 0920 GMT, the shares were down 2.1% at 645p.