(Sharecast News) - Watches of Switzerland fell on Wednesday after Apollo Global Management placed as many as 22.7 million shares in the company.
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.
Watches Switz (WOSG)30 Apr 2024 07:53
LONDON BRIEFING: Prudential APE sales up; Coca-Cola HBC backs outlook
(Alliance News) - London's FTSE 100 is called to open higher on Tuesday, the eve of the next Federal Reserve decision, with a batch of data from the e...