Best of News

Keywords

A visitors looks at the booth of Swiss watchmaker Corum during the... News PhotoBasel,BaselWorld Tradeshow,Corporate Business,Day,Finance,Horizontal,Looking,Merchandise,Mergers and Acquisitions,Swiss Culture,Switzerland,Visit,Watch MakerPhotographer Collection: AFP 2013 AFPA visitors looks at the booth of Swiss watchmaker Corum during the press preview day of watch fair Baselworld on April 24, 2013 in Basel. Swiss watches Corum were bought by Chinese group China Haidian, according to a statement released by the Swiss company. The amount of the transaction, announced on the eve of the opening of the largest international watch fair Baselworld, was not disclosed. This is the first acquisition in the Swiss haute horlogerie by a Chinese group. AFP PHOTO / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP/Getty Images)