Worldwide Flight Services (WFS) is to acquire a 51% stake in Fraport Cargo Services as part of a strategic partnership with Fraport AG. Fraport AG will retain a 49% holding. WFS and Fraport plan to close the deal by September 2015.
51% of Fraport Cargo Services sold to WFS
Worldwide Flight Services (WFS) is to acquire a 51% stake in Fraport Cargo Services as part of a strategic partnership with Fraport AG. Fraport AG will retain a 49% holding. WFS and Fraport plan to close the deal by September 2015.