Recommended Reading: Bloomberg Reports Patek Philippe 'May Come Up For Sale'
A shock report by Bloomberg’s Corinne Gretler, which was distributed recently, refers to a report by experts at Berenberg that Patek Philippe might be available to be purchased. Clearly, assuming valid, this would be the single biggest part of business news coming out of Switzerland’s fake watch prices industry in an incredibly, long time – Patek Philippe is possessed and coordinated by the Stern family, with the company’s leader, Thierry Stern, having as of late assumed control over the reins from his dad Philippe. Theory about if and when the Stern family may sell has been a staple of inactive tattle in fake watch prices industry and fake watch prices lover circles for a long time, yet on the off chance that the company were to be sold, it would clearly command a premium (as do its fake watch prices and would more likely than not significantly change the company’s apparent character among authorities and enthusiasts.
The story states,”The 180-year-old Swiss watchmaker could get 7 billion to 9 billion euros ($8 billion to $10 billion), experts drove by Zuzanna Pusz wrote in a note. Patek Philippe has been claimed by the Stern family for just about a century, and Thierry Stern turned into the company’s director in 2009.”
Check out Bloomberg’s inclusion of the commercial capability of a Patek Philippe deal, here.