Kuwait’s Agility to close John Menzies acquisition in August – The National

  • Date: 18-Jul-2022
  • Source: The National
  • Sector:Technology
  • Country:Kuwait
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Kuwait’s Agility to close John Menzies acquisition in August – The National

Kuwait-based Agility, one of the largest logistics companies in the Mena region, expects to close a deal to fully acquire UK-based John Menzies on August 4.

The British airport services group's shareholders approved the deal in June.

The conditions related to foreign direct investment and antitrust approvals have now been met or waived, Agility said in a filing to the Dubai Financial Market on Monday.