Eddie Stobart Logistics has confirmed it will list on the Alternative Investment Market (AIM) next week on 25 April at 8am, a move that will see former owner Stobart Group slash its holding in the haulier and pocket £113.1m. In an admission document published today, Eddie Stobart Logistics stated it would issue 357,918,800 ordinary shares of 1p each to be admitted comprising 276,668,800 existing ordinary shares as well as 81,250,000 new ordinary shares, issued at a price of £1.60. The […]
More than 700 Co-operative Food drivers are preparing to take strike action against the retailer’s proposal to transfer 87 Coventry-based drivers to Eddie Stobart.
Stobart Group has completed a sale and leaseback of its DC at Carlisle Airport for £16.9m.
Eddie Stobart Logistics (ESL) has extended its reach in the bulk sector after clinching a five year deal with Lallemand Biofuels and Distilled Spirits (LBDS).