ARI To Acquire Additional 50% Shareholding In Cyprus Airport Retail Business

ARI Group, the travel retail business owned by Dublin Airport Authority (DAA), has conditionally agreed to acquire a further 50% shareholding in CTC-ARI from its Cypriot partner, Ermes Department Stores plc, for a cash consideration of €54 million. CTC-ARI is the parent company in the Cypriot business which operates retail stores at Larnaca and Paphos … Continue reading ARI To Acquire Additional 50% Shareholding In Cyprus Airport Retail Business