news
SATS Food Services restock a Singapore Airlines plane at Changi Airport in Singapore October 24, 2020. REUTERS/Edgar Su - RC2WOJ9QLMIK

Allen & Gledhill and Latham & Watkins have advised Singapore-based ground handler SATS on its $1.14 billion acquisition of French cargo-handling company Worldwide Flight Services (WFS), with Linklaters acting for seller Cerberus Capital Management.

The combined entity's network covers trade routes responsible for more than 50 percent of global air cargo volume, Reuters reported. The deal would propel the group to the number one spot in an industry that includes aviation services firm Swissport and global airport and travel services business, Reuters added.

The Allen & Gledhill team was led by partners Christopher Ong, Leonard Ching, Scott Clements, Michele Foo, and Yap Lune Teng.

Meanwhile, the Latham team included Singapore partners Sharon Lau, Michael Sturrock, and Timothy Hia; Washington partner Damara Chambers; Brussels partner Luca Crocco; Frankfurt partner Max Hauser; London partner Sarah Gadd, Quentin Gwyer, Paul Davies and Karl Mah; New York partner Jane Greyf; Paris partner Charles-Antoine Guelluy; and Orange County partner Christopher Norton.

The Linklaters team was led by London partners Tracey Lochhead and Robert Cleaver.

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Q&A: ‘We have long seen the importance of having on-the-ground legal experts’

by Sarah Wong |

Over the past few months, Singapore’s Allen & Gledhill has declared its intention to keep expanding regionally through the opening of a rep office in Shanghai and the launch of a new alliance in Indonesia.

Milbank, A&G advise Philippines’ Hotel101 Global on $2.3 bln SPAC merger

by Sarah Wong |

U.S. law firm Milbank and Singapore’s Allen & Gledhill have advised Hotel101 Global, the hotel arm of Philippines-listed real estate firm DoubleDragon, on its $2.3 billion proposed Nasdaq listing through a SPAC merger.

Cleary, A&G advise Japan’s Mitsui on $360 mln Ecuador shrimp deal

by Sarah Wong |

U.S. law firm Cleary Gottlieb Steen & Hamilton, Singapore’s Allen & Gledhill and two Ecuadorian firms have advised Japanese trading house Mitsui & Co on its $360 million investment in an Ecuadoran shrimp farming company.