[ad_1]
Feb 21 (Reuters) – John Menzies MNZS.L stated on Monday Kuwait’s Nationwide Aviation Companies (NAS) has sweetened its takeover proposal for the British airport providers firm, valuing it at about 559 million kilos ($761.75 million).
The Edinburgh-based firm, which beforehand rejected a decrease proposal, stated it has indicated to NAS that it will be prepared to again the 608 pence a share supply, topic to sure different phrases.
NAS is a unit of Kuwait’s Agility Public Warehousing Co AGLT.KW.
($1 = 0.7338 kilos)
(Reporting by Yadarisa Shabong in Bengaluru; Enhancing by Devika Syamnath)
((Yadarisa.Shabong@thomsonreuters.com; Twitter: https://twitter.com/Yadarisa; +919742735150;))
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
[ad_2]
Source link
