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SWGAY Swatch Group AG (PK)

9.80
-0.13 (-1.31%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Swatch Group AG (PK) USOTC:SWGAY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.13 -1.31% 9.80 9.79 9.95 10.05 9.79 10.01 107,753 21:02:13

Swatch Can Reduce Supplies Of Watch Parts Next Year -Court

08/09/2011 10:01am

Dow Jones News


Swatch (PK) (USOTC:SWGAY)
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Swiss watch maker Swatch Group AG (UHR.VX) has won the latest round in its fight to reduce the amount of components it must supply to rival watchmakers.

A Swiss court rejected an appeal by 11 watchmakers, who wanted Swatch to be forced to continue full supply of parts and movements next year while a full investigation into the matter takes place.

-By John Revill, Dow Jones Newswires; +41 43 443 8042 ; john.revill@dowjones.com

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