Supply chain radar: John Menzies – could its dirt cheap share price attract private equity investment?

It’s transition time for ground handler John Menzies, which last week confirmed that interim chief executive officer Giles Wilson was appointed to the role on a permanent basis.

Since mid-March, when Mr Wilson took over from Forsyth Black – who stepped down after only six months as CEO – the stock has fallen to multi-year lows, and currently trades just about 7% above a new low of 440.5p set on 28 May.

Is it dirt cheap? And if so, could it attract interest from any third parties?

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