|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.0000 - 4.1700|
|52 Week Range||2.1000 - 10.2500|
|Beta (5Y Monthly)||1.62|
|PE Ratio (TTM)||36.25|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 14, 2019|
|1y Target Est||N/A|
Following a capital increase Advent International Corp. will own an 11.4 percent stake in Dufry.
Private equity group Advent International will have a stake of 11.4% and China's Alibaba 6.1% in Dufry after a capital increase that raised 820 million Swiss francs ($901 million), the Swiss duty free company said on Tuesday. Dufry had already flagged that Advent and Alibaba were coming on board as part of the rights issue to help fund its $311 million buyout of its Hudson Ltd unit. Advent and Alibaba have agreed to a lock-up period of six months following the first day of trading of the new shares set for Oct. 22, Dufry said.
The travel-retail and e-commerce powerhouses will form a joint venture, and Alibaba plans to take a minority stake in Dufry.