Singapore’s SATS confirms talks to buy Cerberus-backed WFS

WFS acquires US handler Pinnacle Logistics

(Photo: WFS)

SATS Ltd., a catering and gateway services provider, is in ongoing discussions to acquire air cargo handler Worldwide Flight Services from its private equity owner Cerberus Capital Management. Expanding its network and capabilities in Asia and across the globe is among the Singapore-based firm’s priorities and hence it’s constantly on the lookout for acquisition opportunities, […]

 

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