Hotel Shilla to Acquire No. 1 In-flight Duty-free Retailer DFASS

SEOUL, Feb. 3 (Korea Bizwire) – Hotel Shilla is aiming to take over DFASS, the world’s largest in-flight duty-free specialty retailer, to expand its duty-free business to on-board duty-free shopping. According to retail industry experts in Korea, Hotel Shilla selected Goldman Sachs as the managing underwriter for its acquisition of DFASS, and is now fine-tuning the [...]