Dufry achieves 87% of Autogrill shares as exchange offer ends
18/05/2023 18:03
MILAN, May 18 (Reuters) - Swiss duty-free retailer Dufry
DUFN.S has secured Autogrill AGL.MI shares accounting for
around 87% of the Italian company's capital at the end of the
exchange offer, Reuters calculations based on bourse data showed
on Thursday.
Borsa Italiana said that according to provisional data, the
take-up in the offer for the Italian group reached 74.3% of the
shares targeted by the bid.
Earlier this year Dufry completed the acquisition of a 50.3%
stake from the Benetton family and later launched a mandatory
public exchange offer for the remaining Autogrill shares.
(Reporting by Elisa Anzolin, editing Fedderico Maccioni)
((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))