Menzies board will recommend latest Agility cash offer to shareholders
Agility Public Warehousing has offered £571m ($750m) for Menzies, a cash bid the handler will ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Arabian Business has published a comprehensive interview with Agility CEO Tarek Abdulaziz Sultan. He calls for the Kuwait government to continue with its privatisation programme, notably for Kuwait Airways, in which Agility reportedly wants to buy a 35% stake. He also outlines the logistics company’s plans for expansion and growth: Agility is set to invest $100m in emerging markets this year, with a focus on Africa. The company is also is keen to break into the Iranian market, as soon as sanctions allow.
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