PAI Partners completes acquisition of Stefanel SpA’s 50% shareholding in The Nuance Group
The Nuance Group announced the finalisation of PAI Partners acquisition of Stefanel SpA’s 50% shareholding in the company. Following the transaction, a new Board will be appointed, chaired by Josef Felder.
Elsewhere, shares in Dufry rose 6.7%, recovering after several days of downward momentum.
Selected Duty Free daily share price movements (% change): 18-Feb-2011