UPDATED: Qatar Sovereign Wealth Fund Eyes World Duty Free

Posted on 03/29/2015


March 29, 2015 – UPDATED: Basel-based Dufry AG is moving forward on acquiring World Duty Free SpA by raising €2.1 billion by issuing new stock and getting up to €1.5 billion of long-term debt. Backing Dufry’s acquisition are sovereign wealth funds: Singapore’s GIC Private Limited, Temasek Holdings and Qatar Investment Authority (QIA). Each of the […]