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Kuwait’s Agility to acquire John Menzies for $749M

Kuwait’s Agility to acquire John Menzies for $749M

John Menzies, the British aviation services business company, announced that it would be acquired by a subsidiary of Kuwait’s Agility Public Warehousing Co for £571 million ($749 million), Reuters reported.

Under the acquisition deal, shareholders in John Menzies will receive 608 pence in cash per share.

 

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