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ITALY. World Duty Free Group S.p.A. (WDF) will be formally delisted from the Italian stock exchange on 13 November after the completion of its acquisition by Dufry.
The shares will be suspended for the previous two days. WDF was first listed on 1 October 2013 as a result of its partial demerger from then-owner Autogrill.
Announcing the planned delisting, Dufry said that it will come to hold 246,036,182 WDF shares, equal to 96.67% of the corporate capital of the issuer.
