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US firm buys majority share in Andermatt-Sedrun ski resort

The American company Vail Resorts Inc has agreed to take a majority stake in Andermatt-Sedrun Sport AG.

The American company Vail Resorts Inc has agreed to take a majority stake in Andermatt-Sedrun Sport AG, which controls and operates the mountain resort in southeast Switzerland. The US firm announced on Monday that it had acquired a 55% ownership stake in Andermatt-Sedrun Sport AG from Andermatt Swi...

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