It was the Swiss Dufry to put ani World Duty Free , the listed company whose majority stake was in the hands Schema34, a company owned by the Benetton family. Within a few years hence, WDF was first spun off by Autogrill and then listed on the Milan Stock. The sale price of each share World Duty Free has been set at 1025 euro per share, which means that on balance the total outlay of the Swiss will be 1.3 billion euro.
A huge sum that gives the size of what has been a very important deal. World Duty Free, in fact, worth € 3.6 billion and the share that has changed hands amounted to 50.1%, the majority.
The goal of the Swiss Dufry is to give life to one of the major players in the travel retail sector. Dufry for some time had been named as one of the companies most interested in buying a majority stake in WDF. His name, however, was only one of many eligible candidates considering that an interest WDF had arrived from Asia. Eventually to dull it was the Swiss.
The Benetton, through Gilberto Benetton , had already indicated that World Duty Free was for sale or looking for a partner. At this point, the attention is paid to what will be the reaction that markets held tomorrow at the reopening of the bag. WDF, in fact, should give interesting price changes in the light of the closing of the agreement with the Swiss Dufry.
With the sale of WDF, another piece of Italy ends up in foreign hands. Last week, in fact, had been given the news of the passing of Pirelli in a big group directly controlled by the Chinese state. Many speak of Italy on sale and mountain controversy but this is the market.
Related posts:
The rate of capital accounts goes to 26 percent 
What can and can not bring on the plane in hand luggage 
Pope kisses Iman Benetton withdraws poster pressures from the Church Fly to the US with fake explosives 
No comments:
Post a Comment