Dufry completes the acquisition of the 49% stake in Hellenic Duty Free and issues and lists 1,231,233 new registered shares
Download Press ReleaseDufry has completed the acquisition of the remaining 49% equity stake in Hellenic Duty Free. In connection therewith, Dufry has issued 1,231,233 new registered shares which will be listed on the SIX Swiss Exchange as of today.
As announced earlier, Dufry signed an agreement with Folli Follie Group to acquire the remaining 49% of Hellenic Duty Free (HDF), the second step in the acquisition of HDF. The consideration for the 49% equity stake was paid through a combination of cash and shares. The 1,231,233 new registered shares serving as share consideration were issued from Dufry's authorized capital and transferred to Folli Follie Group on December 13, 2013.
