Autogrill Buys BAA’s World Duty Free, Aldeasa
Airports operator BAA has agreed to sell its World Duty Free Europe Ltd. to Italy’s Autogrill S.p.A. for GBP546.6 million (US$1.1 billion). BAA sold the unit as part of an ongoing effort to shed what it calls “non-core assets.” The airports operator will use the proceeds to repay the debt of Airport...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
