A PYMNTS Company

EU: Authorities approve of jewelry merger

 |  January 22, 2013

The Eruopean Competition Commission has reportedly approved of a merger between jewelry and watch retailer Aurum and US-based Apollo Global Management. The sale of Aurum to the private equity firm was announced last December. In a statement from Apollo, the new owner plans to focus the jeweler on new growth in its lucury watches division.


Full Content: Professional Jeweler

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.