Lagardère Travel Retail to buy Belgium’s IDF for €250m

IDF generated €183m in sales in 2018

France-based Lagardère Travel Retail is to acquire Belgium-based International Duty Free (IDF) for €250m, in a deal that will make the French group the world’s second-largest travel retailer excluding downtown duty-free and the third-largest operator of duty-free and fashion airport...

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