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SATS buys UK aviation food company Monty's Bakehouse for £26.7m

Singapore 

MAINBOARD-LISTED SATS has acquired UK-based aviation food solutions company Monty's Bakehouse UK for £26.7 million (S$48.4 million).

Monty's Bakehouse has become a wholly-owned subsidiary of SATS Investments, which is in turn wholly owned by SATS.

The purchase...