DX Group is being investigated by City of London Police, after an allegation was made against its Exchange business on 7 June. In a statement, DX Group confirmed that the City of London Police Economic Crime Directorate had notified the company of the allegation and that a preliminary investigation had commenced. A spokeswoman for City of London Police told MT: “The City of London Police’s Economic Crime Directorate is scoping information it has received and is liaising closely with DX […]
DX Group shareholders controlling almost a fifth of the company have signed a letter demanding the board terminates discussions with John Menzies about a proposed takeover, unless the deal is improved significantly.
Pall-Ex has appointed Chris Bowden as group sales and marketing director, following a series of new member appointments in the wake of the closure of UK Pallets.
A 90% plummet in DX Group’s share price has prompted its largest shareholder to call for the removal of two board members for their “inexcusable” performance.