LONDON—Ground handler Swissport has agreed to buy Air France out of a cargo-handling joint venture (JV) at London Heathrow Airport. The Zurich-based company announced Feb. 11 an agreement to acquire Air France’s 50% stake, which would make Swissport the sole owner of Heathrow Cargo Handling. The deal is expected to close in the first half of 2019, subject to regulatory approval. Financial terms of the transaction were not disclosed. Through the JV, Air France and Swissport have ...

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