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Dufry retains Spanish ambitions as Autogrill wins Aldeasa raceDufry retains Spanish ambitions as Autogrill wins Aldeasa race
Gavin Lipsith
1-Apr-2005
INTERNATIONAL. Dufry Group CEO Julián Díaz has voiced his company's disappointment over losing the bidding race for Spanish rival Aldeasa, but has vowed to seize future opportunities in the Spanish airport retail market
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The Swiss retailer's €31 ($41.33) per-share bid was trumped twice by Retail Airport Finance (RAF), a specially-formed subsidiary of Italian catering conglomerate Autogrill, which posted an initial bid of €33
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(23-Mar-2005) - The group has officially pulled out of the race for Aldeasa after rival suitor Autogrill posted the highest bid
(1-Feb-2005) - SPAIN/INTERNATIONAL. As DFNI went to press, Italian caterer Autogrill joined the race to acquire Spanish travel retailer Aldeasa
(1-Feb-2005) - DFNI analyses the latest developments in the bidding for Aldeasa, as Autogrill considers a challenge to race leader Dufry Group
(28-Jan-2005) - The Italian firm has trumped Dufry Group's offer for the Spanish retailer in a bid tabled after discussions with Aldeasa stakeholder Altadis
(28-Jan-2005) - Italian and Spanish markets speculate on whether Italian firm Autogrill is poised to launch a counter-bid to Dufry Group's Eu31 ($40) per share offer for Aldeasa