Nugget: Folli Follie bid approved

3-Jun-2003

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?The Greek competition commission has approved a bid by the consortium led by Folli Follie to buy Hellenic Duty Free Shops. Under the terms of the deal, Folli Follie and........
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(1-Feb-2003) -
(16-Jan-2003) - The management of jewellery supplier Folli Follie is looking forward to 2003 with great confidence. The company has expressed its belief that this year will see a marked rise in profits and turnover, forecasting a 30% year-on-year improvement.
(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