Dufry confirms WDF bid
Nicole Mezzasalma
29-Feb-2008
If successful, the retailer plans to finance the purchase by “new debt and new equity”
Dufry Group has issued a statement confirming it is taking part in the auction for World Duty Free. The company said it plans to submit an offer soon and, if successful, it will finance the purchase of the BAA retail arm through “new debt and new equity”.
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(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%
(9-Jan-2007) -
(15-Nov-2006) - SOUTH AMERICA. The announcement of Dufry’s forthcoming IPO for its subsidiary Dufry South America (DSA) probably took its direct competitors by surprise, and they will now be trying to anticipate the Switzerland-based retailer’s next move
(15-May-2002) - ITALY/SWITZERLAND. Italian clothing group Stefanel has confirmed it is to exercise an option to buy half of The Nuance Group for about Eur138m ($126m). It will finance the deal by raising debt.
(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

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Dufry confirms WDF bid
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