New owners commit to WDFA as BAA’s American dream ends

16-Oct-2001

A Miami-based Falic Group subsidiary, Duty Free Acquisition Corp, stunned the industry by acquiring WDFA (formerly Duty Free International) for $121m (£84m) in a deal announced exclusively by DFNI on October 11.

Article Preview:

?

Exclusive to DFNI: By Martin Moodie

US. The Falic Group, new owner of World Duty Free Americas (WDFA), has pledged not to break up the business. And the company has

........
Login To Read More | Subscribe To Read More
Your Comments On This Article

Name:
Email:
- Not displayed on website
Comments:
Please note:
Only alpha-numeric characters allowed for comments
Security Image:
Please enter image text in the security code field
Security Code:
 

Related Stories

Articles bearing the symbol  require subscription.

(7-Nov-2001) - US. New World Duty Free Americas (WDFA) owners The Falic Group attended last month?s TFWA World Exhibition to introduce their company and attempt to allay suppliers? fears about the family?s previous grey market dealings.