Listed HK group buys Liechtenstein private bank

31 March 2016 | 1 minute read

Citichamp Watch & Jewellery Group has agreed to buy the unit from embattled Switzerland-based Valartis Group for CHF77.7 million (US$80.5 million), as it bids to expand into the financial sector. The deal, subject to approval and targeted to close in the second quarter, will help in Valartis’ efforts to avoid bankruptcy, the group said earlier this week. Valartis had earlier sold another…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]