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Nuance sold for under $250m as Gruppo PAM pledges continuityNuance sold for under $250m as Gruppo PAM pledges continuity
1-Apr-2002
INTERNATIONAL. The Nuance Group is to be sold to Italian retailer Gruppo PAM for SFr405m ($244m), a price less than half the value some analysts put on the company in August when the sale was announced. Troubled airline company SAirGroup?s need to improve cash flow and the hard-hitting effects of September 11 will have played a vital part in determining the final purchase price.
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?INTERNATIONAL. The Nuance Group is to be sold to Italian retailer Gruppo PAM for SFr405m ($244m), a price less than half the value some analysts put on the company in........
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(25-Apr-2002) -
(1-Apr-2002) - Italian retail group Gruppo PAM?s purchase agreement for The Nuance Group on April 17, like The Falic Group?s buyout of World Duty Free Americas last year, carries with it the imprint of September 11 and its devastating effects on the global trade.
(5-Sep-2002) -
(1-Jul-2002) - The sale of The Nuance Group to Italy's Gruppo PAM and Stefanel was finalised today
(18-Apr-2002) - **DFNI E-MAIL NEWS FLASH**