Autogrill obtains 100% control of Host Marriott Services

 

Thursday, September 2, 1999

Milano , 02 September 1999 - Autogrill, the restaurant-service provider in the Benetton family group, said today that it had completed the acquisition of all shares of Host Marriott Services , which is therefore now a wholly owned subsidiary. 
Autogrill has merged Autogrill Acquisition with and into Host Marriott Services.
As provided under the tender offer, which closed on 26 August last, shareholders who did not tender their shares – representing approximately 6% of share capital – will receive 15.75 dollars per share in cash and without interest.