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Old 28th Jan 2008, 14:18
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aex
 
Join Date: Jan 2007
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Maybe it's true but maybe not, it's an old article from:

http://www.theherald.co.uk/business/...864024.0.0.php



Menzies: no talks to buy SAS ground services
November 28 2007John Menzies said yesterday it was not in talks to buy the ground services arm of Scandinavian airline SAS, following a report which surfaced in Denmark.
The Edinburgh-based airline and newspaper logistics group was commenting after Danish business daily Borsen reported SAS was considering a sale of all or parts of its ground services division to Menzies, which recently agreed to buy part of the ground handling arm of Finland's Finnair.
Paul Dollman, finance director, said it had received "no contact from them at all".
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Menzies shares, however, which have been buoyant in the depressed markets, rose again to close up 27p at 541p.
Earlier this month, Menzies said terms had been agreed for the acquisition of Northport Norway and Finnhandling from Northport Oy, a wholly-owned subsidiary of Finnair. The businesses offer full passenger and ramp handling services at Stockholm and Oslo international airports.
Menzies Aviation will handle all Finnair's flights and offer a full handling service to international airlines at both airports.
At the half-year the aviation arm increased underlying pre-tax profits by 22% to £6.2m, although the company warned they had been dampened by softer cargo volumes as well as start-up costs from the new contract wins.
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