sats-ltd-announced-it-has-completed-its-acquisition-of-global-air-cargo-logistics-provider-worldwide-flight-services
SATS Ltd. announced it has completed its acquisition of global air cargo logistics provider Worldwide Flight Services (WFS) for €1.3 billion (equivalent to approximately S$1.8 billion) from an affiliate of Cerberus Capital Management, representing an enterprise value of €2,250 million as previously announced.
The acquisition received an overwhelming support of 96.8% approval from SATS’ voting shareholders in January this year and obtained regulatory approvals in all relevant jurisdictions in February. With ...
[+]
