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MNZSFri, 25th Sep 2020 16:04
John Menzies PLC - aviation services firm - Agrees and executes legal documents meaning revised covenant structure with lenders is now effective. "The new covenant package will provide additional flexibility to support the group, as the aviation industry recovers from the impact of the Covid-19 pandemic."
Current stock price: 107.20 pence
Year-to-date change: down 77%
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Support services provider John Menzies said its subsidiary Menzies Distribution has acquired AJG Parcels for £7.5m. AJG handles over 3m parcels every year in the Scottish Highlands and Islands, the London-listed company said, adding the acquisition was an important step in realising the potential of
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