Dufry offer values Autogrill at 25-30% discount to Friday's price

ZURICH – Dufry’s takeover supply for Autogrill is at a reduction to Friday’s buying and selling worth, Dufry CEO Xavier Rossinyol stated on Monday.

“Should you take the share worth of Dufry that was round 30 (Swiss francs) ($30.63) on Friday and also you multiply that by 0.158 you'll have the equal worth we're paying for Autogrill and you will note that's roughly – at the very least for the primary 50% – a couple of 25-30% low cost on the buying and selling on Friday,” he instructed journalists on a convention name.

($1 = 0.9794 Swiss francs)

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