Thursday, January 29, 2015

Wdf: open to mergers, but so far no concrete proposal … – Italian Stock Exchange

Wdf: open to mergers, but so far no concrete proposal … – Italian Stock Exchange

(Il Sole 24 Ore Thomson Financial) – Milan, 29 Dec – World Duty Free has no concrete proposal on the table for any alliances and / or partnerships with other groups. So ‘the company’, at the request of Consob, at the end of a session that saw the title close rising by almost 9%. ‘In recent months, the top management of WDF – says a note – has more’ repeatedly declared to be open to any options for business growth through mergers with other operators’. However, the holding company Edizione “has received numerous requests for information from banks, which the state did not respond to any concrete proposal ‘. The management of WDF remains committed to the implementation of the three-year Budget 2015-2017 that’ does not take consider new prospects for external growth that the group could pursue in the coming years, it ‘potential benefits (upside) related to possible combinations industrial budget and’ it focused mainly on streamlining activities’ operational and implementation of initiatives aimed at improving the efficiency and performance of the group ‘.

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(RADIOCOR) 29-01-15 20:23:05 (0711) 3 NNNN


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