Watches of Switzerland hits more than 3-year high after Reuters reports takeover talks
BUZZ-Watches of Switzerland hits more than 3-year high after Reuters reports takeover talks ** Shares of luxury retailer Watches of Switzerland WOSG.L rise as much as 8.2% at 778.5 p, highest since May 2023
** WOSG held talks with potential bidders to take co private, three people close to the matter told Reuters
** Co is seeking an offer exceeding £7.50 per share, according to a source
** Up to Friday's close, stock had risen 51.8%
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com, +919920570373))