On February 3, 2023, Dufry AG (SIX: DUFN) announced that it successfully closed the transfer of the 50.3% stake in Autogrill S.p.A (XMIL: AGL) held by Edizione S.p.A (through a wholly owned subsidiary) to Dufry.

Dufry will launch a mandatory public exchange offer for the remaining Autogrill shares (excluding treasury shares) at the same terms as Edizione and with a cash alternative of EUR 6.33 per Autogrill share.

Dufry expects to complete the full transaction including the mandatory exchange offer settlement by the end of Q2 2023.

Homburger acts as transaction counsel to Dufry. The Homburger team comprises Andreas Müller, Frank Gerhard, Oliver Kneubühl and Carlo Sulser (all Corporate / M&A; Capital Markets), Jürg Frick, Eduard De Zordi, Alexander Wherlock and Nathalie Scherrer (all Financing and Investment Products / Capital Markets), Dieter Grünblatt and Reto Heuberger (both Tax), and Nicole Hilpert and Angela Casey (Employment and Executive Compensation).


February 6, 2023

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