Kuwait's National Aviation Services (NAS), a subsidiary of logistics firm Agility, said on Wednesday it will buy a majority stake in India's NOVA Aviation Services.
NAS will sign an agreement later on Wednesday with NOVA Aviation to acquire a 55 percent stake in the firm, NAS's spokesman told Reuters without giving the value of the deal.
NOVA provides airport and ground handling services in five airports in India, according to a NAS statement.(Reuters)