Autogrill shares up 8.5% on report of possible tie-up with Dufry
19/04/2022 15:43
MILAN, April 19 (Reuters) - Shares in Italian motorway and
airport caterer Autogrill AGL.MI rose 8.5% on Tuesday,
triggering an automatic trading suspension, after a Bloomberg
report about a potential tie-up with Swiss duty-free retailer
Dufry DUFN.S .
A Milan-based analyst said shares were rising on the report,
which said Dufry was exploring a possible combination with the
Italian group, adding discussions were at a preliminary stage
and may not lead to a deal.
Both Autogrill and its parent company Edizione, the holding
company of Italy's Benetton family, were not immediately
available for a comment.
(Reporting by Francesca Landini and Giulia Segreti; editing by
Valentina Za)
((Giulia.Segreti@tr.com; +39.06.80307714;))