Inflight caterer and ground handler SATS (S58) has entered into an agreement to acquire Paris-based air cargo handler, Worldwide Flight Services (WFS), for S$1.9 billion, a move that will propel the SGX-listed company into a global player in the air cargo market. Since the announcement, however, SATS share price has plunged by 21%. Is now the time to buy SATS, one of Singapore's most beloved dividend stocks? Or has its fundamentals changed? Is SATS still a good investment? We discuss all in this week's roundtable.
