BaZ-Holding moves to Zug and is now called Watt Capital Holding
The owners of the Basler Zeitung, Tito Tettamanti and Martin Wagner, have moved the headquarters of BaZ-Holding AG to Zug. They have also renamed the company Watt Capital Holding AG.
With the neutral name and the new headquarters, the company is to be opened up to investments outside Basel, Martin Wagner told the news agency SDA on Monday. The National-Zeitung and Basler Nachrichten AG, which publishes the Basler Zeitung, will remain in Basel. The name Watt is made up of the names of the holding company owners, Wagner confirmed a report from the news portal Onlinereports.
