GIC and Temasek Sell Stakes in Dufry to HNA Group

Posted on 08/21/2017


HNA Group, the Chinese conglomerate that owns properties and overseas company stakes, finalized a deal to purchase a 16.2% ownership stake in Dufry AG, a Swiss-based airport retailer. The sellers of the stake were Singapore’s Temasek Holdings and GIC Private Limited. HNA Group already owned a stake in Dufry; they will see an increase to […]