Home › S.Korea's Hotel Shilla To Buy US Duty-Free Stake
 

Keywords :   


S.Korea's Hotel Shilla To Buy US Duty-Free Stake

2015-03-23 16:46:11| Chemicals - Topix.net

Hotel Shilla said it will buy a 44 percent stake in US in-flight duty free retailer DFASS for USD$105 million, the latest push abroad by a South Korean duty free operator amid intensifying competition at home. Shilla, a hotel and retail unit of Samsung Group and the world's No.7 duty free retailer by revenue, has an option to buy an additional 36 percent of DFASS in five years, it said in a statement.

Tags: buy hotel stake dutyfree

Category:Chemicals

Latest from this category

All news
12.11Benjamin Moore Expands Partnership with Roadie to Accelerate Paint Delivery for DIYers and Pros
11.11Clariant Launches Melamine-free Flame Retardant for Intumescent Coatings
11.11Protech Group Acquires Caldwell Chemical Coatings
11.11Asian Paints Reports 2Q 2024-25 Fiscal Results
10.11Clariant Launches Melamine-free Flame Retardant for Intumescent Coatings
Chemicals »
23.11 3
23.11
23.11GEN FACTORY CARVE7.7 2525.5
23.11110
23.11 ssp
23.11L
23.11
23.11 DVD-BOX6
More »