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Autogrill will launch a take-over bid on Alpha Airports

Milan, Italy - 110 pences per share

Italy's Autogrill , the world's biggest caterer for travellers, has agreed to buy Alpha Airports in a deal which values the British airline services firm at 193.6 million pounds. It would pay 110 pence a share in cash for the Alpha Airports shares it does not already own. Autogrill, which has been building up a stake in Alpha Airports since last week, said on Monday the deal would give it a meaningful...

AVIONEWS - World Aeronautical Press Agency - 1074865

AVIONEWS - World Aeronautical Press Agency
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