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Autogrill announces closing of the acquisition of 100% of World Duty Free Europe Limited

Milan, Italy - From BAA Limited

"Autogrill S.p.A. announces that the acquisition of 100% of World Duty Free Europe Limited from BAA Limited formally closed yesterday. Under the terms of the agreement, Autogrill paid BAA £ 546.6 million in cash, the amount stipulated at the time of the agreement. Following the transaction, WDF entered a new 12-year concession agreement with BAA. On 16th May, the European Commission declared...

fra/pec - 1089932

AVIONEWS - World Aeronautical Press Agency
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