Hudson Ltd., a wholly owned subsidiary of Dufry AG, has publicly filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of Hudson Ltd.’s Class A common shares.
Dufry said it intends to retain majority ownership of Hudson and that the number of shares to be offered and the price range for the offering have not yet been determined. Dufry expects the offering to occur in 2018, subject to market conditions.
Credit Suisse, Morgan Stanley and UBS Investment Bank are acting as joint book-running managers for the proposed offering.
