London-based investor Gatemore Capital is calling on Wincanton to sell one of its two core haulage and logistics divisions and refocus the business.
But do partial divestments make any sense at this point in time, or is this just market noise?
The activist investor played a pivotal role in overhauling the board of DX Group – in which it holds a 24% share – and ousting former chief executive Petar Cvetkovic.
Although its …
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Source: The Loadstar