Business

SATS seeks shareholders’ approval for WFS takeover

By Rebecca Jeffrey

SATS will hold an Extraordinary General Meeting (EGM) on January 18 to seek shareholders’ approval for the proposed acquisition of…

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Dachser takes over joint ventures in Hungary

By Rebecca Jeffrey

Logistics company Dachser has acquired the remaining 50% of the shares in its Hungarian joint ventures “Liegl & Dachser Szállítmányozási…

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What would a combined DB Schenker and DHL mean for airfreight volumes?

By Damian Brett

Last week Deutsche Bahn assigned its management board to examine and prepare the case for a potential sale of up…

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MSC’s acquisition of Bolloré Africa Logistics is complete

By Rebecca Jeffrey

MSC Group’s subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The sale, agreed in May,…

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Deutsche Bahn prepares for the sale of DB Schenker

By Damian Brett

Deutsche Bahn is preparing for the sale of its freight forwarding subsidiary DB Schenker as it looks to focus on…

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Groupe BBL acquires Share Logistics Group

By Rebecca Jeffrey

France-based logistics service provider Groupe BBL has acquired South Holland-headquartered Share Logistics Group. The companies said that Share Logistics Group…

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SATS secures funding plan for WFS takeover

By Damian Brett

Aviation services company SATS has finalised its funding plan for the proposed acquisition of cargo handler Worldwide Flight Services (WFS)….

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Atlas Air takeover moves ahead after shareholders’ approval

By Damian Brett

The takeover of Atlas Air Worldwide Holdings took a step forward yesterday when the firm’s shareholders voted to approve the…

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Wallenborn acquires stake in Skyroad Logistics

By Rebecca Jeffrey

Air cargo road feeder services (RFS) operator Wallenborn is acquiring a shareholding in Australian RFS firm Skyroad Logistics. The stake,…

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Frankfurt-Hahn Airport sale further “delayed”

By Rebecca Jeffrey

The sale of Frankfurt-Hahn Airport Group has been “delayed” but operations are unaffected. Currently in administration, the Group is due…

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