The DX Group and John Menzies Distribution merger could be sealed this summer after both boards approved a revised offer that satisfies objections from a major shareholder. The revised deal, which sees the price of the deal slashed from £60m to £40m, has removed the opposition of major DX shareholder Gatemore Capital Management, which earlier this year had threatened to block the deal unless the offer was improved, increasing its shareholding to facilitate this. Under the revised offer, DX Group […]
Parcels and secure delivery firm DX Network Services has been fined £200,000 after “systemic” safety failures led to a worker losing a leg after being hit by a forklift truck.
Delivery firm DX Group has opened a new security control room as part of a £10m expansion programme.