Article: ITALY'S AUTOGRILL TO ACQUIRE WORLD DUTY FREE.(Autogrill S.p.A. to acquire World Duty Free Americas Inc.)

Byline: Brid Costello

LONDON Autogrill has indulged in some duty free shopping. The Italian restaurant and retail company announced Monday it has agreed to acquire the World Duty Free Europe travel-retail operator and will increase its holding in Aldeasa, which operates stores in airports and museums, by 49.95 percent, giving it a 99.9 percent stake in that firm.

Autogrill claims the acquisitions will make it the world's largest travel-retail operator.

WDF is the retail division of the British Airport Authority, which was acquired by a consortium led by Spanish construction and transport services firm Ferrovial in 2006. Autogrill will buy the ...

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