EU commission clears Dufry-Autogrill deal
21/12/2022 12:01
ROME, Dec 21 (Reuters) - The European Commission said on
Wednesday it approved the acquisition by Swiss duty-free
retailer Dufry DUFN.S of Italian airport and motorway caterer
Autogrill AGL.MI .
The deal is set to create a travel industry giant. The
combined entity will be given a new name, Autogrill and Dufry
said when the deal was announced in July.
"The Commission concluded that the proposed acquisition
would raise no competition concerns, given its limited impact on
the market," the EU executive said in a statement.
(Reporting by Alvise Armellini, editing by Cristina Carlevaro)
((alvise.armellini@thomsonreuters.com;))