SATS – flying too close to the sun?
Another page of the M&A book from Singapore
WFS facility, Milan Malpensa
By Alex Lennane
It has long been asked: who will buy global handler WFS? It appears Singapore’s SATS could be in the running for the business, valued at about $3bn. WFS was acquired in 2018 by the PE firm, Cerberus Capital. Reuters reports.
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