Duty-Free Giant Dufry Agrees to Acquire Autogrill
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With the travel industry making a strong rebound this year, one tourism-adjacent mega-merger is cleared for takeoff.
On Monday, Swiss-based duty-free retailer Dufry announced plans to acquire Autogrill, the Italian food-service company synonymous with rest stops dotting highways between Naples, Milan, and beyond. Unfortunately for Dufry, the deal will presumably be executed in some taxable jurisdiction or another.
Source Fool.com