BAA denies World Duty Free sale talks as Nelson is named new CEO

James Featherstone

15-Jul-2006

UK. BAA has responded to speculation that its new owner Grupo Ferrovial is in talks to sell the company's retail division World Duty Free (WDF)

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A spokesperson for the UK airports group told DFNI: "World Duty Free is not for sale. It remains a core part of the BAA business strategy. We are aware of

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(4-Dec-2007) - The company has finally verified that BAA owner Grupo Ferrovial has put it on the market following a strategic review of its non-core assets
(11-Jul-2006) - Industry sources and independent analysts argue that Grupo Ferrovial is likely to sell BAA's retail division to concentrate on infrastructure management
(26-Nov-2006) - The Spanish group’s share price rose on Friday, boosted by speculation that Dufry Group is interested in acquiring BAA retail subsidiary World Duty Free
(8-Nov-2006) - The new owner of UK airports group BAA has identified its travel retailer subsidiary World Duty Free as a core UK asset that is not for sale
(30-Jul-2007) - BAA owner Grupo Ferrovial has announced rapid first-half profit growth and said it “continues to analyse” the possibility of selling World Duty Free