Alibaba gets 6.1% stake in Dufry after capital increase

Alibaba gets 6.1% stake in Dufry after capital increase

REUTERS/Aly Song

Private equity group Advent International will have a stake of 11.4% and China’s Alibaba 6.1% in Dufry after a capital increase that raised 820 million Swiss francs ($901 million), the Swiss duty-free company said on Tuesday.