Ground Handler Menzies Rejects NAS Takeover Bid

Menzies Aviation
Credit: Menzies Aviation
Scotland-headquartered ground handling firm John Menzies has vehemently rejected a second unsolicited takeover approach from Kuwait’s National Aviation Services (NAS). On Feb. 2, Menzies said it had received a “preliminary and unsolicited proposal” from NAS of 510p ($6.90) per share cash for the...

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