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Dufry to Acquire World Duty Free
On March 30, 2015, Dufry announced that it has entered into a binding agreement with Edizione S.r.l. to acquire its 50.1% stake in World Duty Free S.p.A (“WDF”) for EUR 10.25 per share in cash, valuing the entire fully diluted share capital of WDF at EUR 2.6 billion (CHF 2.7 billion) and implying an enterprise…
Reference: CapLaw-2015-25