The DX Group shareholder leading the charge against the company’s proposed acquisition of John Menzies’ distribution arm has increased its holding in the company by 10%. Gatemore Capital Management has upped its shareholding in the company from 11% to 21% in a bid to strengthen its position against the proposed deal and DX’s management team. DX froze its shares on the AIM on 30 March after announcing it was in talks to buy Menzies, a move which Gatemore described as […]
DX Group has said that the shortage of skilled HGV drivers continues to affect its profitability as it continues to address its performance following a profit warning in November.
The Nightfreight name will disappear from UK roads as its parent company, DX Group, revealed its fleet will be re-liveried as it strengthens the acquisition it made last year.
DX Group is being investigated by City of London Police, after an allegation was made against its Exchange business on 7 June.