BUSINESS NEWS — The Watches of Switzerland Group lost a quarter of its value on Friday morning, heading for the stock's worst day ever, after luxury watchmaker Rolex announced a deal to buy watch retailer Bucherer. Rolex said the acquisition for an undisclosed sum followed the decision of Bucherer owner Jorg Bucherer.. cnbc.com
The Watches of Switzerland Group lost a quarter of its value on Friday morning
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Published (Updated) on Friday, August 25, 2023
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