Dufry reaches more than 94% of Autogrill after bid
01/06/2023 17:50
MILAN, June 1 (Reuters) - Dufry DUFN.S has secured
around 94.3% of Autogrill AGL.MI capital at the end of the
exchange offer, Reuters calculations based on provisional data
by Borsa Italiana showed on Thursday, paving the way for the
delisting of the Italian group.
Earlier this year Swiss duty-free retailer 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.
Borsa Italiana said the take-up reached 88.9% of the shares
targeted by the bid in the last day of the exchange offer.
(Reporting by Elisa Anzolin; editing by Francesca Landini)
((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))