DX Group expects to have a market capitalisation of £200m when it begins trading on London’s AIM next week. The company expects to begin trading at 100 pence per share on Thursday 27 February under the DX ticker. DX said the proceeds of the IPO will be used to repay existing senior debt, shareholder loans and private equity, which will allow it to invest in its services. It also hopes the IPO will allow it to target a combination of […]
DX Group has issued a profit warning, citing the shortage of HGV drivers as a key factor in driving up costs.
DX Group has launched DX Parcel Exchange, which will allow customers to collect parcels from InPost and Doddle locations across the UK.
The UK Competition and Markets Authority (CMA) is reviewing DX Group’s May acquisition of the trade and assets of Legal Post (Scotland) and First Post from First Scottish Group for £3.25m.