12/12/2013
Dufry acquires remaining 49% stake of Hellenic Duty Free
Dufry has signed an agreement to acquire the remaining 49% equity stake of Hellenic Duty Free from Folli Follie Group. In April 2013, Dufry acquired 51% of Hellenic Duty Free, the leading travel retailer in Greece. Dufry will pay total consideration of EUR 328 million (CHF 401 million) through a combination of cash and shares.