trending Market Intelligence /marketintelligence/en/news-insights/trending/DKJF_cemD5r2aC-8EnSw3g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Apollo Global to sell 12.5% stake in Watches of Switzerland through IPO

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Apollo Global to sell 12.5% stake in Watches of Switzerland through IPO

Apollo Global Management Inc. plans to sell 12.5% of its 55.8% stake in Watches of Switzerland Group PLC through a share bookbuild process, Morningstar said, citing a statement by joint share placing global coordinator Goldman Sachs.

Apollo intends to sell approximately 30 million shares in the business through its unit Jewel Holdco SÀRL, the publication said.

The sale may be valued at about £114 million, per the target company's closing share price at £3.80 each, Morningstar said, citing London markets as of Jan. 9. After the sale, Apollo will own 103.7 million shares or a 43.3% stake in Watches.

Barclays Bank PLC is also a joint global coordinator on the share placing, while NM Rothschild & Sons Ltd. is the financial adviser to Apollo Global.

Watches will not receive proceeds from the placing.