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Swatch Group – ½% convertible bond issue 1999 – 2006 of CHF 400,000,000
Biel / Bienne, March 10, 1999 - To finance future activities and in view of the planned resumption of the share repurchase programme via the second trading line following the Ordinary General Meeting of Shareholders of 23 June 1999, the Swatch Group is issuing a 1/2% convertible bond issue of CHF 400 million. As part of the active management of…
The Swatch Group Ltd. acquires Groupe Horloger Breguet from Investcorp S.A.
Biel / Bienne (Switzerland), September 14, 1999 - Investcorp S.A. and The Swatch Group Ltd. have reached an agreement whereby all shares of the Groupe Horloger Breguet will be taken over by the Swatch Group. Breguet whose origins date back to 1775, is one of the oldest timepiece manufacturers in the world. It produces high quality hand-assembled…