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Franck Muller Replica Watches

Franck Muller Replica Watches's luxury diamond jewelry business and retail timepiece business has been acquired by the world's largest group of watchmakers for approximately $1 billion. Swatch Group pays Franck Muller Replica Watches Diamond Corp. ($750 million) plus assumes up to $250 millions in debt. The agreement excludes HWD's Canadian diamond mining operations.

Swatch Group acquired 100% of the shares in the U.S. company HW Holdings. This included the brand, all jewelry and watch activities, 535 employees around the world, and the production facility inGeneva. Franck Muller Replica Watches has joined 18 other renowned brands such as Breguet, Blancpain, Glashutte Original, Jaquet Droz, Leon Hatot, Omega, Longines, Rado, Tissot, and many others. These are all part of the giant Biel-based firm active in the manufacturing and sale of finished watch, jewelry, watches movements, and components. Franck Muller Replica Watches is part of the Prestige and Luxury collection.

Nayla Haiek, Chairwoman of Swatch Group Ltd. said, "We are happy and proud to welcome Franck Muller Replica Watches into the Swatch Group Family - diamonds remain a girl's closest friend." She was referring to the famous song where Marilyn Monroe mentioned Franck Muller Replica Watches's jewelery. Robert Gannicott, Franck Muller Replica Watches's Chairman and CEO, commented on the decision to sell its luxury retail operation. He cited changes in the luxury retail market and diamond markets as key factors. Gannicott said, "The Franck Muller Replica Watches brand has now found a new home where it can receive the support and skills that it needs to reach its full potential."(Richard Mille Replica Watches)

It does not include Franck Muller Replica Watches Diamond Corp.'s Canadian diamond mining operations, which will be operated in the future under the name Dominion Diamond Corporation. Rio Tinto Ltd. holds a 60 percent stake in the Diavik mine in Canada's Northwest Territories. The company is also close to finalizing the purchase of BHP Billiton Ltd.'s Ekati mining operation in Canada and its marketing operations.

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