Dufry offer values Autogrill at 25-30% discount to Friday's price
11/07/2022 06:54
ZURICH, July 11 (Reuters) - Dufry's DUFN.S takeover offer
for Autogrill AGL.MI is at a discount to Friday's trading
price, Dufry CEO Xavier Rossinyol said on Monday.
"If you take the share price of Dufry that was around 30
(Swiss francs) ($30.63) on Friday and you multiply that by 0.158
you will have the equivalent price we are paying for Autogrill
and you will see that is roughly - at least for the first 50% -
about a 25-30% discount on the trading on Friday," he told
journalists on a conference call.
($1 = 0.9794 Swiss francs)
(Reporting by Michael Shields)
((Michael.Shields@thomsonreuters.com; +41 41 528 3630; Reuters
Messaging: michael.shields.thomsonreuters.com@reuters.net))