Gatemore Capital Management has acquired a stake in Watches of Switzerland Group Plc, urging the luxury retailer to implement a £25 million to £50 million share buyback and consider a US listing to attract long-only funds. Gatemore's managing partner, Liad Meidar, emphasized the need for US exposure to the Rolex market and suggested potential acquisitions in the US. Despite a significant drop in share value this year, the company's stock rose 0.9% in London trading, valuing it at approximately £1 billion.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.