Folli Follie raises Hellenic stake

23-Oct-2003

By Jonathan BrownJewellery supplier Folli Follie has signalled its international ambitions for Hellenic Duty Free Shops after completing the acquisition of a further 20% stake in the Greek duty-free operator.

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Jewellery supplier Folli Follie has signalled its international ambitions for Hellenic Duty Free Shops after completing the acquisition of a further 20% stake in the Greek duty-free operator. Folli Follie

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(1-Feb-2003) -
(18-Feb-2003) - Hellenic Duty Free Shops' (HDFS) majority shareholder has accepted a bid for 40% of the retailer from Greek jewellery supplier Folli Follie
(18-Jul-2006) - The Greek jewellery company now controls over half the stock in formerly state-owned Hellenic Duty Free Shops