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”. The proposed deal, announced this morning, would see DX Group buy the distribution arm of Menzies for a cash consideration of £60m and the release of new DX shares. Trading of DX shares ceased at 7.30am until the deal is either confirmed or […]
DX Group has been refused planning permission for its proposed super hub in Essington, Staffordshire.
DX Group has revealed the details of its expanded Ikea contract, alluded to in its half year results in March.
Hermes has launched a new service allowing consumers to inform retailers which items they are returning in advance, helping to make the process more efficient.