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The owner of Aurum Holdings, Britain’s biggest watch and jewelry group, has been meeting with investment bankers as it looks again at a public listing, according to a report by Sky News city editor Mark Kleinman. The group, which is owned by New York-based Apollo Global Management, has made no secret of its plans to find a buyer or go public in recent years The latest rumor is that it is looking at an IPO in either London or Zurich next year. Aurum Holdings declined to comment. Industry insiders thought that a sale was imminent at the end of last year following a dramatic increase in sales in the UK Overseas customers flocked to the country to buy watches in a currency battered after the Brexit vote in 2016 The group was also made much more attractive to investors after buying Mayors, a chain of luxury jewelers in Florida last year.
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