Rivals consider positions in preparation for World Duty Free sale

Gavin Lipsith

15-Sep-2007

Reports claim World Duty Free sale imminent * International travel retailers assess opportunity * Owner continues to assess sale of non-strategic assets * Ferrovial prepares to talk about BAA restructure

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UK/INTERNATIONAL. Leading international travel retailers were meeting to discuss their positions on World Duty Free (WDF) as DFNI went to press. Following a month of intense speculation over the likelihood........

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(4-Dec-2007) - The company has finally verified that BAA owner Grupo Ferrovial has put it on the market following a strategic review of its non-core assets
(26-Nov-2006) - The Spanish group’s share price rose on Friday, boosted by speculation that Dufry Group is interested in acquiring BAA retail subsidiary World Duty Free
(30-Jul-2007) - BAA owner Grupo Ferrovial has announced rapid first-half profit growth and said it “continues to analyse” the possibility of selling World Duty Free
(8-Nov-2006) - The new owner of UK airports group BAA has identified its travel retailer subsidiary World Duty Free as a core UK asset that is not for sale
(28-May-2008) - The Spanish owner of BAA is to sell the airport it acquired five years before it bought the UK airport authority