Menzies Aviation seeks antitrust approval for 7.7 mln pound Skystar acquisition

Wed, 28 Aug 2013

Aug. 28 (BusinessDesk) - Menzies Aviation (New Zealand), an airport baggage handling services arm of UK’s John Menzies Plc, is seeking antitrust approval to buy the Skystar Airport Services unit at Christchurch and Dunedin airports as part of a 7.7 million pound deal spanning both sides of the Tasman. The New Zealand Menzies unit, with local annual revenue of some $31 million, has applied the Commerce Commission for clearance to buy the Skystar operations, which are owned by ASX-listed Monadelphous Group. The local Skystar operations reporte...

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