Worldwide Flight Services — Change of Control Analysis

Share

Deep Dive

Worldwide Flight Services — Change of Control Analysis

Oliva Mantock's avatar
  1. Oliva Mantock
5 min read

On 21 September 2022, Bloomberg reported that Singapore-based gateway services provider SATS Ltd. is in talks to acquire Cerberus-owned aviation cargo handler Worldwide Flight Services (WFS) for as much as $3bn.

While SATS and WFS have each confirmed that discussions regarding a potential acquisition are ongoing, SATS stated that no definitive terms have been agreed and that the Bloomberg article contained “materially inaccurate facts”.

Read all our public content for free

We won't spam. You can unsubscribe at any time.

What are you waiting for?

Try it out
  • We're trusted by 9 of the top 10 Investment Banks

Cookies & Privacy

We would like to use cookies to improve our service. Is that ok?