Linklaters and Bakers on board for €1.2bn private equity sale of airport services company

Magic circle firm leads for Cerberus as Bakers advises longstanding private equity client

Linklaters and Baker McKenzie have checked in for lead roles on Cerberus Capital Management’s €1.2bn (£1.05bn) acquisition of airport services company Worldwide Flight Services (WFS).

WFS is among the world’s largest air-cargo handlers, with 22,800 employees serving about 300 airlines in airports across 22 countries. Since 2015 it has been owned by US private equity house Platinum Equity, which acquired it from French PE firm LBO France.

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