05-Apr-2011 2:24 PM
Gate Gourmet sells interests in Portugal to Newrest
Analysis
Gate Gourmet, a member of gategroup, announced it has sold its interests in Portugal to Newrest, effective immediately. Details of the agreement remain confidential. Gate Gourmet operated a wholly owned facility at Lisbon Airport and was in a 50/50 partnership at Funchal Airport in Madeira, with both interests now transferred to Newrest. Gate Gourmet divested its stakes as it did not "fit with the network strategy". Shares in gategroup finished 1.8% lower on Monday.
Read More
This CAPA Analysis Report is 129 words.
You must log in to read the rest of this article.
Got an account? Log In
Create a CAPA Account
Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.
| Inclusions | Content Lite User | CAPA Member |
|---|---|---|
| News | ||
| Non-Premium Analysis | ||
| Premium Analysis | ||
| Data Centre | ||
| Selected Research Publications |