INTERNATIONAL. An Extraordinary General Meeting of Dufry AG (DAG) has formally approved the proposed merger with Dufry South America (DSA). As reported, a Special General Meeting of the South American entity in London, UK, had approved the merger on Sunday.
The agreement allows for the merger and amalgamation between DSA, DAG and Dufry Holdings & Investments AG (DHIAG), a wholly-owned Swiss subsidiary of DAG. The newly formed company will continue solely under the laws of Switzerland and with the name Dufry Holdings & Investments AG.
Shareholders representing 100% of the total share capital of DHIAG were represented at the meeting yesterday and voted in favour of the merger.
The merger duly became effective on 22 March. As a result, DSA as an entity has disappeared and will not publish any independent information as it will be integrated into the DAG reporting. DSA will also discontinue any investor relations activity including the publication of its 2009 Fiscal Year results. DAG publishes its results later this week.
To donate please visit www.HandinHandforHaiti.com |
