Financial News

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Autogrill and Alpha agree on takeover offer(4-Jun-2007) The two companies have officially announced the agreed cash offer Autogrill will make for the entire share capital of Alpha Airports Group
Autogrill to launch Alpha-approved takeover bid(4-Jun-2007) The Italian company has been given the implicit go-ahead by Alpha Airports Group’s board to launch a full offer for the company
Zürich extends retail opening hours(4-Jun-2007) The airport’s marketing committee has decided on a 14-hour day for retail outlets
Autogrill increases Alpha holding to 29.9%(1-Jun-2007) The Italian conglomerate’s share purchase from Servair takes its Alpha holding to the maximum allowable before it must make a full takeover offer
UPDATED STORY: Alpha responds to Autogrill move(30-May-2007) Alpha denies prior knowledge of the move by Autogrill that could lead to a possible takeover attempt by the Italian conglomerate
Stefanel touts Nuance flotation within a year(30-May-2007) The 50% owner of The Nuance Group has indicated that the retailer could be the subject of an initial public offer as early as next year
Retail venture shines in Aeroports de Paris results(15-May-2007) The group’s transition from state authority to commercial entity gathers pace, with a strong contribution from its partnership with French retailer Aelia
Aldeasa and GACA confirm Saudi victory(15-May-2007) Retailer and civil aviation authority release more details of the win, which Aldeasa believes will be worth up to $90m sales in the first year
TFWA gains duty reprieve for Asia Pacific exhibitors(10-May-2007) The association has negotiated a scheme allowing liquor and tobacco exhibitors to pay duty and GST on goods consumed and given away at next week’s show, while unused samples will be exempt
Sydney airport commercial revenue up by 9%(26-Apr-2007) Expansion of retail at terminal two underpins revenue growth at Sydney airport
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