Add to Favorite
Magazine 
Magazine
Advent divests Dufry holdingAdvent divests Dufry holding
Gavin Lipsith
7-Jun-2007
The private equity group has placed a further 12.33% of the retailer on the stock exchange, reducing its holding to 36.67%
US private equity firm Advent International has reduced its stake in Dufry Group, held through Travel Retail Investments, to 36.67%. According to a Dufry statement the company placed shares on the Swiss stock exchange through Credit Suisse Group and Deutsche Bank last week.
Travel Retail Investments previously held 53% of shares in Dufry.
Bookmark This Article
•
•
•
•
Delicious
Digg
StumbleUpon
FacebookYour Comments On This Article
Related Stories
Articles bearing the symbol 
require subscription.
(25-Jan-2005) - The two companies, partners in the Sintres company which acquired 75% of Dufry last year, have agreed to split the remaining 25% of the Swiss retailer
(21-Jun-2007) - Flotation fever has gripped the industry this month
(1-Nov-2005) - Some of the biggest retailers in the industry have changed hands in recent years, with strong outside interest driven by the perception that travel-retail is about to enter an upward stage in its business cycle. Here DFNI summarises some of the biggest deals since 2002
(11-Nov-2005) - The operator is planning to float on the Swiss Exchange through an initial public offering
(31-May-2006) - The private equity firm, main shareholder of Dufry Group, has bought discount clothing retailer Milano for $200m