Brief: Avolta Acquires Majority Stake In Penha Duty Free Group
07/08/2026 05:36
BRIEF-Avolta Acquires Majority Stake In Penha Duty Free Group Aug 7 (Reuters) - AVOLTA AG AVOL.S:
ACQUIRES MAJORITY STAKE IN PENHA DUTY FREE GROUP
BUYS INITIAL 51% STAKE WITH PATHWAY TO FULL OWNERSHIP
DEAL EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EBITDA MARGIN, EPS, EQUITY FREE CASH FLOW, AND ROIC
Source text: ID:nEQ4fL4sha
Further company coverage: AVOL.S
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