At an extraordinary general meeting (EGM) held on Jan 18, 96.8% of the total number of votes were in favour of the resolution to approve the transaction.
Shareholders of airline ground handler and food catering services provider Sats have approved the company’s plan to acquire global cargo handler Worldwide Flight Services for a EUR 1.2 billion ($1.7 billion).
The proposed acquisition, if completed, will make Sats the largest cargo handler in the world.
