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MCH Group announces the return of Baselworld from March 31 to April 4, 2022.
The deal makes Mr Murdoch MCH’s new “anchor shareholder”, and has secured seats on the board for himself and two other executives from his investment firm.
MCH Group unveils sketch of a plan for a digital platform for watches and jewellery and an industry gathering in Basel in April.
Time is running out for any alternative rescue plan, MCH Group admits.
Swiss newspaper reports advanced discussions with MCH Group on major investment.
Baselworld's organiser has confirmed it is consulting on a new name, location and format for its annual watch and jewellery fair.
Team behind Baselworld has not given up on creating a brand new show for up to 600 exhibitors.
Owner MCH Group abandons plans to hold exhibition in January next year, paving the way for coordinated events in Geneva.
Mr Swithinbank wants to know the whole story behind the Rolex-led walk out of Baselworld and hopes the world will rally around a single mega fair next year.
Bulgari had already withdrawn, and remaining LVMH maisons say they cannot preserve their brand image at a Baselworld shorn of its biggest brands.