The DX Group shareholder leading the charge against the company’s proposed acquisition of John Menzies’ distribution arm has increased its holding in the company by 10%. Gatemore Capital Management has upped its shareholding in the company from 11% to 21% in a bid to strengthen its position against the proposed deal and DX’s management team. DX froze its shares on the AIM on 30 March after announcing it was in talks to buy Menzies, a move which Gatemore described as […]
The extraordinary general meeting called for by a DX Group shareholder has been cancelled after the delivery company announced its intention to buy Menzies Distribution.
DX Group is being investigated by City of London Police, after an allegation was made against its Exchange business on 7 June.
DX Group has acquired The Legal Post (Scotland) and First Post from First Scottish Group for £3.25m, in a move that consolidates the legal document exchange market in Scotland.