NAS Set To Acquire John Menzies After Raising Offer
Credit: Gordon Shoosmith / Alamy Stock Photo
LONDON—The board of British ground handler John Menzies has finally backed a takeover proposal from Kuwaiti rival National Aviation Services (NAS) after NAS acquired a 19% stake in Menzies and made a final informal bid of 608 pence ($4.18) per share. NAS has made a series of unsolicited takeover...
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