CitySprint denies sale claims


CitySprint has denied claims that it is up for sale after a news report speculated that its parent company is preparing to sell the firm. Sky News today published a story suggesting that private equity firm and CitySprint parent Dunedin, which provided financial backing for its management buyout in 2010, had hired advisors to undertake a review of its shareholding in the same-day courier firm. The story claimed that a sale or other means of exit are likely to be […]