Autogrill buys duty-free firms for $1.52 billion

Article Abstract:

In deals valued at $1.52 billion, Autogrill SpA has agreed to the purchase of duty-free shop operators World Duty Free Europe and Aldeasa. The acquisitions make Autogrill the largest airport retail store operator within the European market.

Europe, Strategy & planning, All Other Specialty Food Stores, Misc. general merchandise stores, Duty Free Shops, Planning, Duty-free stores, Company business planning, Autogrill S.p.A., ALDEASA

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Banche Popolari, Banca Lombarda to discuss merger

Article Abstract:

Banca Lombarda SpA of Italy is in merger negotiations with Banche Popalari Unite SCARL also of Italy. The new synergy would be valued at 14.5 billion Euros ($18.63 billion) and would create the 6th largest bank in Italy by market value.

Banca Lombarda S.p.A.

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Rift at Italy's Capitalia could spur CEO's ouster

Article Abstract:

Board members of Italian bank Capitalia S.p.A. will vote on whether to remove Matteo Arpe from his position as CEO. Problems have arisen between Arpe and C hair Cesare Geronzi, over the bank's future direction.

Management dynamics, Executive changes & profiles, Personnel administration, Management, Officials and employees, Human resource management, Appointments, resignations and dismissals, Company business management, Company personnel management, Capitalia S.p.A., Arpe, Matteo, Geronzi, Cesare

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