Buyers and sellers: Allders and the Nuance sale

18-Sep-2001

Allders ceo Harvey Lipsith has a unique insight into the sale of Nuance, having presided over the sale of Allders International to Swissair in 1996.

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Allders ceo Harvey Lipsith has a unique insight into the sale of Nuance, having presided over the sale of Allders International to Swissair in 1996. After a four-week battle in

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(18-Sep-2001) - On this page and the following pages, DFNI reports on the impending sale of The Nuance Group. We have interviews with Nuance ceo Peter Petersen and Allders ceo Harvey Lipsith, who masterminded the sale of Allders International to Swissair. We provide up to date statistics on the value of the business, and gauge airport authority and trade reaction. And we ask who the frontrunners are for the world?s leading airport travel-retail business.
(31-Aug-2001) - ?Now?, as the ad campaign for Accenture (formerly Arthur Anderson Consulting) says, ?it gets interesting?. The Nuance Group, the world?s number-two travel retailer and largest airport shop operator, is for sale, just five years after it was acquired (as Allders International) for $248m.
(1-Jan-2002) - AUSTRALIA. The Nuance Group has been buoyed by a long-term extension to its duty-free contract at Melbourne International airport. The deal ensures that the operator, which began trading at Melbourne following Swissair?s acquisition of Allders International in 1997, will remain central to retailing at the airport until 2010. *The sale of The Nuance Group by Swissair could be delayed until March or April, DFNI understands.