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Agility now controls 19% of Menzies, intensifies takeover bid

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Logistics Update Africa News
Agility now controls 19% of Menzies, intensifies takeover bid

 Kuwait-based Agility Strategies Holding Limited, in concert with National Aviation Services (NAS), purchased an additional 5.3 million shares in Scotland-based Menzies plc, representing approximately 5.8 percent of the issued share capital of Menzies at 605 pence (£6.05) per share. Consequently, Agility will hold over 17.4 million shares, representing approximately 19 percent of the issued share capital of Menzies, according to a statement issued by Agility.

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