Swissair to auction $1bn Nuance Group

31-Aug-2001

SWITZERLAND. In a dramatic reversal of policy, Swissair Group is to auction its $1.1bn travel-retail arm The Nuance Group, the world?s largest airport retailer. The news was exclusively revealed by DFNI E-MAIL on August 30. By Dermot Davitt

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By Dermot Davitt

SWITZERLAND. In a dramatic reversal of policy, Swissair Group is to auction its $1.1bn travel-retail arm The Nuance Group, the world?s largest airport retailer. The news was

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(18-Sep-2001) - SWITZERLAND. The Nuance Group will be auctioned as one company and not broken up or sold region by region, company ceo Peter Petersen told DFNI. ?The value of the business lies in Nuance as a global chain,? he insisted. By Dermot Davitt