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    Home > Top Stories > DKSH sells its 25% stake in Swiss luxury watchmaker Bovet
    Top Stories

    DKSH sells its 25% stake in Swiss luxury watchmaker Bovet

    Published by Uma Rajagopal

    Posted on December 30, 2022

    1 min read

    Last updated: February 2, 2026

    The image features the DKSH logo prominently displayed at the company's Zurich headquarters. This visual is linked to DKSH's recent sale of its 25% stake in Swiss luxury watchmaker Bovet, highlighting significant developments in the luxury watch market.
    DKSH logo at headquarters in Zurich, related to sale of stake in Bovet - Global Banking & Finance Review
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    Tags:equityinvestmentfinancial community

    Quick Summary

    ZURICH (Reuters) – DKSH will sell its 25% stake in Swiss luxury watchmaker Bovet to Pascal Raffy, the company said in a statement on Friday.

    ZURICH (Reuters) – DKSH will sell its 25% stake in Swiss luxury watchmaker Bovet to Pascal Raffy, the company said in a statement on Friday.

    The transaction makes Raffy, which already owns 75% of Bovet, the watchmaker’s sole owner.

    “The transaction does not materially affect DKSH’s profit and loss statement,” the company said.

    (Reporting by Noele Illien; Editing by Christian Schmollinger)

    Frequently Asked Questions about DKSH sells its 25% stake in Swiss luxury watchmaker Bovet

    1What is equity?

    Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of an owner's stake in the business after all liabilities have been deducted.

    2What is an investment?

    An investment is the allocation of resources, usually money, in order to generate income or profit. It can take various forms, including stocks, bonds, real estate, and more.

    3What is a financial community?

    A financial community consists of individuals and institutions that engage in financial activities, including investing, lending, and trading. It encompasses a wide range of participants, from retail investors to large financial firms.

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