John Menzies, the aviation services provider, has confirmed that it had received a preliminary and unsolicited proposal from National Aviation Services (NAS), a subsidiary of Agility Public Warehousing (Agility), to acquire the entire, and to be issued share capital, of Menzies at a price of 510 pence per Menzies share in cash. The proposal follows an earlier unsolicited approach from NAS to the Board regarding a possible all cash offer at 460 pence per Menzies share. Menzies has confirmed that following careful consideration of the proposal with financial advisers, Goldman Sachs, it has unanimously rejected the offer, concluded it is

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