Eddie Stobart could be a private company again as soon as April, according to a circular sent to shareholders of its parent group. Stobart Group, which revealed plans for a partial realisation of its transport and distribution division last week, will hold a shareholder meeting on the 31 March in a bid to make its proposal reality. If shareholders support the proposal to sell a controlling stake in newly created holding company, Eddie Stobart Logistics (ESL), to Douglasbay Capital, the […]
Last week the MT Tracker took a break – to compile the MT Top 100 – look out for it at the end of November. It’s no secret that our big six make the Top 100, but as for exactly where you’ll have to wait until 18 November. In the meantime, we welcome Royal Mail out of the clutches of the government and onto the Stock Exchange (and the MT Tracker) and we’ll take a look at its share price […]
William Stobart is set to return to Eddie Stobart Logistics (ESL) if equity firm DBAY Advisors succeeds in its bid to buy the troubled haulier.
“We’re an all time high, we’ll change all that’s gone before, doin’ so much more….” This week the basket of shares in the MT Tracker hit it’s highest point since its inception. The basket now stands at 1,954.5p. Shares in Stobart Group are back in to triple figures for the first time since January; shares in Wincanton are at their highest level for the whole calendar year and shares in NWF Group and UK Mail are pretty much at the […]