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EU: Authorities approve of jewelry merger

By  |  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

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