Mar 30th, 2015

Dufry to Buy Rival World Duty Free for $2.8B

Switzerland’s Dufry AG plans to acquire Italian rival World Duty Free SpA for 2.6 billion euros ($2.8 billion), forming an industry-leading business that will control almost a quarter of the airport retail market. Bloomberg’s Betty Liu reports on “Big Number” on “In The Loop.” (Source: Bloomberg)