Partners Group Eyes Stake in $3 Billion Watch Brand Breitling
(Bloomberg) -- Partners Group Holding AG is in advanced talks to acquire a 25% stake in high-end watchmaker Breitling SA from CVC Capital Partners, according to people familiar with the matter. A deal could be announced in the coming weeks, the people said, asking not to be identified discussing confidential information. The investment is set to value Breitling at about 3 billion Swiss francs ($3.3 billion), the people said. Known for its aviation-themed timepieces, Breitling traces its roots back to the work of watchmaker Leon Breitling in 1884. It’s one of the larger Swiss watch brands tha...
Source: swissinfo.ch