We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Gama Aviation in talks over potential acquisition of TJS

Fri 24 May 2024 15:04 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

(Sharecast News) - Gama Aviation confirmed on Friday that it is in talks about the possible acquisition of Tyrolean Jet Services (TJS), an Austrian provider of aircraft management and charter services.

Responding to press speculation, it said: "The company's interest in TJS is consistent with the group's strategy to grow its Aircraft Management & Charter business."

Gama said discussions between the two parties are ongoing and remain subject to further negotiations, diligence, and board approval. As a result, they are not expected to be concluded until after the company's delisting from AIM.

"Accordingly, there can be no certainty any transaction will be completed and, if it does, on what terms such a transaction might take place," it said, adding that a further announcement will be made in due course.

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More AIM news from ShareCast

    No results were found