By  on March 27, 2013

PARIS — The Swatch Group Ltd. said it has successfully completed the acquisition of U.S. luxury jeweler Harry Winston, after having obtained all regulatory approval.

In January, the world’s biggest watchmaker snapped up the diamond jewelry and timepiece division of the Harry Winston brand for an enterprise value of $1 billion, which includes the brand’s pro forma net debt of up to $250 million.

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