Watches of Switzerland is planning to float in London, and it could be valued at between £600m and £800m.
The upmarket jeweller is owned by US-based private equity firm Apollo and the cash raised in an offer would help to reduce debt. However, the first news about the potential flotation was nearly a year ago when two banks were appointed to advise Apollo on a listing.
Watch brands sold include Rolex, Patek Philippe, Tag-Heuer and Cartier. The company has long-term relationships with the main brands.
The attraction of Watches of Switzerland will depending on the pricing of the offer a...
