Wincanton may join ‘bidding war’ for control of Eddie Stobart Logistics

UK haulage and logistics operator Wincanton has confirmed it is considering a bid to buy domestic rival Eddie Stobart Logistics.
Wincanton has issued a statement to the London Stock Exchange (LSE) confirming it is valuing a possible deal.
It said its board was “undertaking a diligence exercise on Eddie Stobart and its assets, to assess the potential merits of a combination”.
“No proposal has been made by Wincanton to Eddie Stobart as to …

The post Wincanton may join ‘bidding war’ for control of Eddie Stobart Logistics appeared first on The Loadstar.

Source: The Loadstar

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