Is the price right for Dufry?
Gavin Lipsith
15-Dec-2005
Dufry Group's recent initial public offering is a landmark moment in the company's history and will free valuable capital to fund its expansion plans
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Yet despite the company's record as a leading player in the industry, as the first week of trading came to a close shares were trading slightly below the set price
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(6-Dec-2005) - The group's shares have started trading on the Swiss stock exchange following its initial public offering
(22-Nov-2005) - The initial public offering for 4.21m new and existing shares in the Swiss retailer starts today
(1-Dec-2005) - SWITZERLAND. Dufry Group has launched an initial public offering (IPO) for 29% of its share capital in a bid to improve funding for its ambitious expansion plans in duty-free markets around the world
(1-Dec-2006) - Dufry Group South America will launch its Initial Public Offering (IPO) on December 5 with market capitalisation estimated at between $680m and $810m
(11-Nov-2005) - The operator is planning to float on the Swiss Exchange through an initial public offering

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Is the price right for Dufry?