Menzies(John) PLC Re: Acquisition of ASIG by John Menzies plc (9244R)

TIDMMNZS

RNS Number : 9244R

Menzies(John) PLC

15 December 2016

John Menzies plc

("John Menzies" or the "Group")

Re: Acquisition of ASIG by John Menzies plc

The Board of John Menzies plc (Menzies) acknowledges today's announcement by the Competition and Markets Authority (CMA) in relation to the acquisition of ASIG from BBA Aviation plc.

We are pleased that this announcement allows us to continue to progress towards completion which will occur on satisfaction of all the remaining conditions precedent.

With regards to operations at Aberdeen Airport, Menzies will now consider their position and respond to the CMA accordingly.

Forsyth Black, Managing Director of Menzies Aviation said:

"I am delighted to acknowledge the CMA's announcement. Our team are ready to take control of the overall business and we are excited by the opportunities that exist. We will work with BBA Aviation plc and the CMA as we look to work through the issues raised in regards to Aberdeen Airport."

For further information:

 
 John Menzies plc 
  Giles Wilson, Chief Financial 
  Officer 
  John Geddes, Corporate Affairs 
  Director                          +44 131 459 8018 
 FTI Consulting 
  Jonathon Brill/ Alex Beagley 
  / George Parker                   +44 203 727 1000

This information is provided by RNS

The company news service from the London Stock Exchange

END

STRTABRTMBMBMIF

(END) Dow Jones Newswires

December 15, 2016 02:08 ET (07:08 GMT)

Menzies(john) (LSE:MNZS)
Historical Stock Chart
From Apr 2024 to May 2024