.
MergerLinks Header Logo

New Deal


Announced

Completed

DFS Group completed the acquisition of a 22% stake in Shenzhen Duty Free Ecommerce.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For22%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Minority

Friendly

Acquisition

Completed

duty free shops

China

Diversified Retailers

Private

Single Bidder

Synopsis

Edit

DFS Group, a Hong Kong-based travel retailer of luxury products, completed the acquisition of a 22% stake in Shenzhen Duty Free Ecommerce, an operator of duty-free stores. Financial terms were not disclosed. “Our future is highly digital and very focused on China. Our customers associate shopping at DFS with a truly experiential level of luxury, and we are excited to mirror that experience for them digitally — pre-trip, in-market, in-store and once they return home. The opportunities are endless,” DFS spokesperson.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US