CVC Explores $8 Bln Bid for Duty-Free Retailer Avolta, Sky News Says, Citing Sources

Dow Jones

05-07

-- Investment firm CVC Capital Partners is considering a 6 billion-pound ($8.02 billion) offer for the Swiss duty-free retailer Avolta, Sky News reported on late Tuesday citing unnamed sources.

-- CVC is at early stages of considering to make an offer, and it is far from certain that any formal approach would be made, Sky News reported.

-- CVC declined to comment to Sky News, while Avolta did not respond to a request for comment.

Full story: https://tinyurl.com/mr3pjp3b

Write to Michael Susin at michael.susin@wsj.com

(END) Dow Jones Newswires

May 07, 2025 01:27 ET (05:27 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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