Stobart Group completes partial disposal of transport division


 

Stobart Group has completed the partial divestment of its transport division. In a statement to the London Stock Exchange this evening it said: “Stobart, the infrastructure and support services group, announces that the partial realisation of its transport and distribution division, as described in the company’s announcement of 6 March 2014, has been completed.” Shareholders of the firm backed the move at the end of last month at a general meeting, as well as a special resolution to buy back […]