je.st
news
S.Korea's Hotel Shilla says to buy stake in US duty-free firm for $105 mln
2015-03-23 09:56:56| Semiconductors - Topix.net
Hotel Shilla Co Ltd is buying a 44 percent stake in in-flight duty-free retailer DFASS for $105 million via its U.S.-based affiliate, the South Korean hotel and duty-free operator said on Monday. Hotel Shilla, a unit of Samsung Group, said in a statement it retains a call option to buy an additional 36 percent of DFASS in five years.
Tags: buy
hotel
firm
stake
Category:Electronics and Electrical
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||