Archive
Swatch Group Share Repurchase Program
Biel / Bienne (Switzerland), February 18, 2008. With the acquisition of own shares in the context of the published share repurchase program the Swatch Group Ltd, Biel, exceeded with it's last transaction dated February 13, 2008 the threshold of 10% voting rights. The purchase took place on the publicly observable separate trading line.…
Tiffany & Co. at Seevorstadt 75 in Biel / Bienne
Biel / Bienne (Switzerland), January 29, 2008 – The Swatch Group Ltd. has signed a declaration of intent with the City of Biel (Switzerland), stipulating the Group’s wish to acquire the land and building at Seevorstadt 75 in order to establish the new Tiffany & Co. at this address. The sale price for the plot of land covering a total of 3400…
The Swatch Group Ltd takes over H. Moebius & Sohn
Biel / Bienne (Switzerland), January 10, 2008 – The Swatch Group Ltd takes over H. Moebius & Sohn. The Swatch Group is taking over with immediate effect the business activities of the company H. Moebius & Sohn, owned by Gallian & Cie and headquartered in Allschwil. For decades, Moebius has been supplying the watch industry with…
Participation increased in the chain Xinyu
Participation increased in the chain Xinyu in China The Swatch Group Ltd. informs that it has increased its participation in Xinyu Hengdeli Holdings Ltd. from 7.25% to 8.09%. Xinyu Hengdeli Holdings Ltd. is the largest watch retail chain in China. It is quoted at the Hong Kong stock exchange.
Repurchasing of own shares
Repurchasing of own shares – opening of second trading line on virt-x and on SWX Swiss Exchange as of December 10, 2007. Biel / Bienne (Switzerland), December 7, 2007 – As already announced in the press release on the occasion of the closing of the last repurchase program dated November 9, 2007, the Swatch Group will launch another share…
The Swatch Group and Tiffany announce strategic alliance
Biel / Bienne (Switzerland) and New York, N.Y. (USA), December 2, 2007 – The Swatch Group Ltd. (SWX: UHR.VX / UHRN.VX) and Tiffany & Co. (NYSE: TIF) today announced a strategic alliance to further the development, production and worldwide distribution of TIFFANY & CO. brand watches. Michael J. Kowalski, chairman and chief executive…