SATS in talks to buy Worldwide Flight Services in reported $3 bln deal

Sats

21/09/2022 10:46

Sept 21 (Reuters) - In-flight catering services firm SATS
Ltd  SATS.SI  on Wednesday confirmed that discussions are
ongoing for a potential acquisition of air cargo logistics
company Worldwide Flight Services.
    Bloomberg and local media reported earlier in the day that
the deal could be worth as much as $3 billion.  urn:newsml:reuters.com:*:nL4N30S1I8 
    SATS, however, has said that definitive terms for a
potential acquisition have not been reached yet. 

 (Reporting by Harish Sridharan in Bengaluru; editing by
Uttaresh.V)
 ((Harish.Sridharan@thomsonreuters.com; Twitter: https://twitter.com/damnit_saladin;))