Swiss Regulator Clears Rolex's Takeover of Bucherer
Wettbewerbskommission, Hallwylstrasse, Dalmazi, Kirchenfeld, Stadtteil IV, Bern, Verwaltungskreis Bern-Mittelland, Verwaltungsregion Bern-Mittelland, Bern/Berne, 3005, Schweiz/Suisse/Svizzera/Svizra
Rolex
CONFIRMED89% CONFIDENCESwiss broadcaster SRF reported on 11 July 2024 that WEKO (COMCO) had approved the Rolex-Bucherer takeover 'without conditions'; the Commission's own reasoning is quoted as finding the deal 'would not raise competition concerns.'[1]
Switzerland's competition commission cleared Rolex's acquisition of Bucherer without conditions, removing the last big regulatory hurdle to folding the world's largest watch retailer into Rolex.
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