UK 3PL Wincanton has decided not to make an offer for rival UK haulage business Eddie Stobart Logistics.
In an announcement to the London Stock Exchange (LSE), the company said that the failure of Eddie Stobart to deliver the full information it had requested made it unable to complete its due diligence, and that “there is still no visibility on when Eddie Stobart’s auditor’s review may be complete”.
It added that on …
The post Wincanton ends its interest in Eddie Stobart takeover appeared first on The Loadstar.
Source: The Loadstar
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