Invested interests

Gavin Lipsith

1-Nov-2005

Some of the biggest retailers in the industry have changed hands in recent years, with strong outside interest driven by the perception that travel-retail is about to enter an upward stage in its business cycle. Here DFNI summarises some of the biggest deals since 2002

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March 2002: Gruppo PAM acquires The Nuance Group from Swissair owner SAirGroup in a bid to boost its international presence. The bargain price of $244m reflected the woes of the retailer's

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