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Affiliates Of Apollo Global Management LLC To Acquire AURUM Holdings Limited

Thursday, 6 Dec 2012 04:15pm EST 

Affiliates of Apollo Global Management, LLC (collectively with its subsidiaries Apollo) announced that they have signed a definitive agreement to acquire AURUM Holdings Limited (AURUM), the jewellery retailer in the United Kingdom which includes the Watches of Switzerland, Mappin & Webb and Goldsmiths brands within its portfolio. The acquisition is expected to close in the first quarter of 2013 and is subject to customary closing conditions. Apollo was advised by DC Advisory for the purpose of raising the financing of the acquisition. Terms of acquisition were not disclosed. 

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