Eddie Stobart Logistics has completed its IPO and listed on AIM at the London Stock Exchange. Trading in shares began at 8am today and, as of the time of writing, remain unchanged at a list price of 160p. Alex Laffey, chief executive at Eddie Stobart, said that the completion of the IPO was a “key milestone” for the business. “We have received strong interest from investors and we are excited to begin this new period as an independent company with […]
18) Alex Laffey Title: Chief executive officer, Eddie Stobart Logistics In April 2014 Stobart Group disposed of 51% of its 100% shareholding of the Stobart road transport business to Douglasbay Capital (Dbay) – the former owners of TDG – for £280.8m.
Civil war on the DX board, Eddie Stobart Logistics hitting the stock market and industry opinions on the Bath tipper case make up the latest episode of the Motor Transport Podcast.
Argos is facing a union dispute after revealing it intends to transfer nearly 100 of its drivers to Eddie Stobart Logistics.