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Deals Rumor Mill: World Duty Free, Novetta Solutions, Bogner

By Benjamin Horney (March 3, 2015, 5:56 PM EST) -- Binding offers for a majority stake in Italian travel retailer World Duty Free are expected to be made by the middle of this month, Reuters reported Tuesday. According to the report, potential bidders include Dufry AG, Lotte Group and Sunrise Duty Free. Previous reports have said the 50.1 percent stake that is up for grabs could fetch between 3 trillion to 4 trillion won ($2.71 billion to $3.61 billion). Other interested suitors that have popped up in reports include French conglomerate Lagarde SCA and private equity outfits KKR & Co. LP and CVC Capital Partners....

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