DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post has been given the green light, after the UK competition authority closed its investigation into the deal. The Competition and Markets Authority (CMA) announced in July that it was reviewing DX’s £3.25m acquisition, which will increase the operator’s presence in Scotland and consolidate the legal document exchange market there. In September the competition authority lifted an enforcement order – effectively allowing integration of the business to resume. The […]
Royal Mail began conditional trading on the London Stock Exchange this morning (11 October), with shares rising in value by over a third just an hour and a half into its listing.
Embattled DX Group’s turnaround plans have been backed by investors, who have approved the issuing of new shares amounting to £4.76m of fundraising for the firm.
Delivery specialist DX has opened a new 20,000sq ft depot in Glasgow at Gartcosh Industrial Park as part of its £10m capital expenditure programme.