Autogrill’s shares fall on news of Aldeasa bid – 01/02/05

ITALY. Shares in Autogrill, the motorway and airport restaurant group, dropped by -1.32% yesterday on the back of news of its takeover bid for Spanish duty free retailer Aldeasa.

Shares in the firm fell as Milan’s all-share Mibtel index closed up +1.15% yesterday.

Autogrill tabled a €693 million (US$904 million) offer for Aldeasa on Friday. Its offer (€33 a share) includes the option to increase its price by +15%.

The GEA consortium and Dufry have already presented lower offers of €29 and €31 a share respectively.


Broker sells 1.8% of Aldeasa – 01/02/05

Aldeasa shares rise sharply on Autogrill bid – 31/01/05

Latest update: Aldeasa ownership in the balance as investors launch shock takeover bid – 13/12/04

Aldeasa takeover bid underlines private equity interest in upswinging market – 14/12/04

Altadis holds the key to Aldeasa sale as retailer’s share price closes on high; touted Imperial merger clouds picture – 15/12/04

Aldeasa shares close at near high; lead bidder says “no plans” to raise offer; politics the key say insiders – 16/12/04

Dufry parent Advent eyes Aldeasa bid – Spanish newpaper quotes ‘Dufry sources’ – 19/01/05

Advent International confirms interest in Aldeasa – 19/01/05

Shares in Altadis and Aldeasa rise as interest intensifies in Aldeasa takeover saga – 20/01/05

Advent International bid for Aldeasa “˜Friday or Monday’ – Spanish report – 21/01/05

Expansión says Vista and CVC Capital Partners alliance in place as bidders circle Aldeasa; Retailer’s stock closes at 5-year high – 22/01/05

Aldeasa in talks with airport authority AENA to “review contracts” – 23/01/05

Is Autogrill the next bidder for Aldeasa? – 24/01/05

Stakes are raised in Aldeasa takeover as bidders jostle for position – 24/01/05

Dufry unveils €31 per share bid for Aldeasa; tops GEA offer – 24/01/05

Elior doubles stake in Dufry in latest bid twist – 25/01/05

AENA will tender Aldeasa shops, claims Cinco Días – 25/0105

Dufry offer “˜right valuation’ for Aldeasa, says Julian Diaz; Vista Capital to pull out? – 26/01/05

Autogrill still considering Aldeasa bid, “˜no decision’ taken by board – 26/01/05

Aldeasa latest: French private equity giant Pai Partners shows interest; political storm blows up; GEA bid rejected – 27/01/05

Aldeasa and Autogrill shares suspended amid fresh bid speculation – 28/01/05

Autogrill confirms Aldeasa bid; tops Dufry offer – 28/01/05

Autogrill bid terms for Aldeasa make counter offer difficult – 29/01/05

Aldeasa shares rise sharply on Autogrill bid – 31/01/05

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