The offer period for the proposed merger of UPS and TNT Express has once again been extended. Following an exemption granted by The Netherlands Authority for the Financial Markets (AFM), the period has been extended until one week after competition clearances have been obtained from regulators, the European Commission and the Chinese Ministry of Commerce. The clearances are not expected to be issued before the end of the current offer period on 9 November. The latest extension will see the […]
Viridor Waste Management has acquired JWT Holdings, a waste collection and recycling business based in Atherton, Greater Manchester, from John William Thomasson for £7.6m. JWT Holdings employs 45 staff and handles around 70,000 tonnes of material a year. Its materials recycling facility and fleet of 29 vehicles will be integrated into Viridor’s northern region, complementing the commercial collection services of its Trafford Park Operation, says owner Pennon Group. The acquisition will provide excellent synergies with Viridor’s activities in Manchester and […]
Just before he left the business in January, Yodel’s then CEO Mike Cooper told MT about his four-point plan to turn Yodel around from years of losses to profitability. Redesigning its transport network and harnessing its data more effectively are some of the things achieved in his time at the business.