Breitling SA agreed to acquire Universal Geneve S.A. from Stelux Holdings International Limited for CHF 60 million on December 12, 2023. Transaction is subject to Stelux Holdings International Limited's share holder approval. Marc Iynedjian, Thomas Graf from Niederer, Kraft & Frey acted as legal advisors to Stelux Holdings International Limited (SEHK:84) in the transaction.