It would seem that Patrick Pruniaux has managed to round up some banks to back the somewhat drawn out management buyout of the two brands from parent company Kering.
For the original (in French) please direct yourself to the link below –
https://www.letemps.ch/economie/ulysse-nardin-girardperregaux-retrouvent-independance
See also some coverage from Reuters –
https://www.reuters.com/world/europe/luxury-goods-group-kering-sell-girard-perregaux-ulysse-nardin-divisions-2022-01-24/