Dufry: Government of Singapore raises stake
(CercleFinance.com) - The Government of Singapore, one of Dufry's historical shareholders, said that it has bought additional shares in the Swiss travel retailer, bringing its stake to 5.
05%.
Until 2017, GIC was one of Dufry's largest shareholders. Its stake even reached 7.8% at the end of 2016, before it sold its shares to Hainan Province Cihang Foundation, which is currently Dufry's main shareholder with 20.9% of its share capital.
In a separate filing, Morgan Stanley disclosed a stake of 6.2% in Dufry, while also specifying that it has put options representing 2.6% of the group's voting rights.
The Dufry stock is currently up 0.8% at 90.7 Swiss francs, outperforming the 0.1% rise in the Swiss stock market.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
05%.
Until 2017, GIC was one of Dufry's largest shareholders. Its stake even reached 7.8% at the end of 2016, before it sold its shares to Hainan Province Cihang Foundation, which is currently Dufry's main shareholder with 20.9% of its share capital.
In a separate filing, Morgan Stanley disclosed a stake of 6.2% in Dufry, while also specifying that it has put options representing 2.6% of the group's voting rights.
The Dufry stock is currently up 0.8% at 90.7 Swiss francs, outperforming the 0.1% rise in the Swiss stock market.
Copyright (c) 2018 CercleFinance.com. All rights reserved.