News / SATS €2.25bn takeover of WFS will create world’s largest ground handler

28/09/2022

Investment firm Cerberus Capital Management has accepted a takeover bid from Singapore ground handler SATS for air cargo handler Worldwide Flights Services (WFS) in a deal worth €2.25bn ($2.15bn).

In a statement to the Singapore Stock Exchange, SATS said the deal would create the world’s largest ...

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