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Watches of Switzerland Starts Take-Private Talks, Shares Jump 8%

7/13/2026

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Story summary
  • Watches of Switzerland Group has begun early talks on a possible take-private transaction.
  • CEO Brian Duffy said public investors undervalue the business.
  • He is engaging with initial approaches.
  • The company is seeking an offer above £7.50 per share, though no formal bid has been submitted.
  • Shares rose 8.2% to 778.5 p, the highest level since May 2023, after news of private-equity and strategic interest.