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Swatch Winds Up Luxury Biz With $1B Harry Winston Buy

By Karlee Weinmann (January 14, 2013, 12:59 PM EST) -- Swiss conglomerate Swatch Group Ltd. will scoop up the watch and jewelry business of Harry Winston Inc. in a $1 billion deal, the pair said Monday, folding the luxury brand into its portfolio as retail sector dealmaking continues to spotlight high-end names....

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