News / Menzies extends takeover talks as it goes back into the black

Menzies

Talks between Menzies and would-be acquirer Agility’s National Aviation Services (NAS) have been extended, with no decision required for a further three weeks.

The deadline for NAS to acquire Menzies or walk away is now 30 March, instead of tomorrow, and one finance source told The Loadstar that ,while such extensions were common, it was “totally understandable in this market, when anything can happen”.

“Right now, you could agree a price on Monday and find the world in a very different place ...