UK 3pl and haulier Wincanton today said it was continuing due diligence on the possible acquisition of Eddie Stobart Logistics, despite a UK investment fund making a formal takeover bid.
In a statement to the London Stock Exchange, Eddie Stobart said DBAY Advisors had made an offer to create a new holding company for Eddie Stobart in which DBAY would own 51% and existing Stobart shareholders a combined 49% stake.
DBAY would, …
The post Wincanton reports successful H1 and will press on with probe into Stobart appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "Wincanton reports successful H1 and will press on with probe into Stobart"