Eddie Stobart on course to go private by April


 

Eddie Stobart could be a private company again as soon as April, according to a circular sent to shareholders of its parent group. Stobart Group, which revealed plans for a partial realisation of its transport and distribution division last week, will hold a shareholder meeting on the 31 March in a bid to make its proposal reality. If shareholders support the proposal to sell a controlling stake in newly created holding company, Eddie Stobart Logistics (ESL), to Douglasbay Capital, the […]