SPAIN. Duty free and travel retailer Aldeasa SA today officially requested the delisting of its shares from Spanish stock markets, as expected.
This involves the Madrid, Barcelona, Bilbao and Valencia listings, Aldeasa said in a filing today to the Spanish regulator, the CNMV.
It reiterated its €36.57-a-share offer for minority shareholders who have not yet taken up the offer tendered earlier this year when the company changed hands.
The price is the same offered by new owners Autogrill and Altadis, which acquired a 96% stake in the airport retailer after heading off fierce competition from Aldeasa’s Swiss rival Dufry.
The parties stated in their takeover brochure that their intention was to delist Aldeasa.
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