Mon, 22nd Jun 2020 12:11
** Airport services and logistics group BBA Aviation's shares up 2.2 pct, near the top of the Stoxx, after saying it will sell its aircraft services unit to peer John Menzies ** Deal for about $202 mln, will close at around end of 2016, BBA says ** BBA shares second-largest gainers on
Read more(ShareCast News) - John Menzies, the Scottish distribution and aviation company, have announced the appointment of Dr Dermot F Smurfit as its new chairman on Tuesday. Dr Smurfit is currently chairman of Powerflute and ML Capital as well as a non-executive director of Timber Capital and The Forest Co
Read more(Adds comments by John Menzies, investor) LONDON, July 19 (Reuters) - UK airport services and logistics group John Menzies has appointed Irish paper and packaging industry tycoon Dermot Smurfit as its new chairman, answering a key demand from new activist investor Shareholder Value Manageme
Read moreLONDON, July 19 (Reuters) - Britain's John Menzies said on Tuesday it had appointed paper industry executive Dermot F Smurfit as independent chairman, answering a key demand from new activist investor Shareholder Value Management (SVM). SVM, which holds more than 7 percent of the distribut
Read more* Shareholder Value Management wants operations split * Follows similar calls from two other large shareholders * Company continues to evaluate "optimal structure" (Adds comment from John Menzies) By Maiya Keidan and Esha Vaish LONDON, July 4 (Reuters) - Britain's John M
Read moreLONDON, July 4 (Reuters) - British distribution and aviation company John Menzies must split its businesses and hire an independent chair, German activist Shareholder Value Management said on Monday. Frankfurt-based 1.7 billion euro ($1.89 billion) Shareholder Value Management has purchased
Read more(ShareCast News) - John Menzies has secured a pre-contract agreement towards winning a major ground handling deal with Oman Air. Menzies Aviation and Oman Air have signed a memorandum of understanding confirming their intention to work together, which they will follow up with due diligence in order
Read more(ShareCast News) - John Menzies has made a good start to the year, in line with directors' views, and said both its aviation and distribution divisions are progressing well. In a trading update for the four months to 30 April, the support services group said Menzies Aviation was trading ahead of las
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