CHINA/SWITZERLAND. HNA’s acquisition of gategroup, the Swiss inflight services provider, is now expected to close in December.
In April the Chinese travel-to-leisure conglomerate announced an all-cash offer to acquire gategroup, publishing its public tender for all publicly held shares in May.
HNA said today that it has been granted a postponement of the settlement from today’s original cut off until 31 December.
Leading cruise retailer Starboard is introducing a new initiative, Curators of Style, tailored for guests onboard partner cruiseline Celebrity Cruises.
A grand ribbon-cutting ceremony on 19 April was attended by Dubai Duty Free’s Executive Team, including Chief Operating Officer Ramesh Cidambi and Pernod Ricard Global Travel Retail, Gulf & India General Manager Vipin Palliyath.
We feature highlights from this week’s Moodie Davitt Report WeChat Official Account, with our follower base climbing steadily to 5,343.
