A police investigation into DX Group’s Exchange business has been dropped a month after it opened. The preliminary investigation by City of London Police Economic Crime Directorate was announced on 7 June after an allegation was made against the company. In a statement today (7 July) DX said it had been notified that “after careful consideration of allegations made, the City of London Police will not be proceeding to a full investigation”. However the group added that it had made […]
DX Group’s largest shareholder has slammed the proposed acquisition of John Menzies Distribution, deeming it a bad deal for shareholders, an attempt to distract from “terrible” operating results and a “face saving exercise for the DX board”.
Menzies Distribution has bought fully electric final-mile delivery firm Gnewt Cargo for an undisclosed sum.