The investor that successfully campaigned against DX Group’s former executive team last year has called for Wincanton to sell one of its two divisions after buying a 2% stake in the 3PL. Gatemore Capital Management made headlines last year as a DX Group shareholder, when it demanded the removal of then- board chairman Bob Holt and non-executive director Paul Murray after the operator’s share price plummetd. It later bought more shares in the business, making it the group’s majority shareholder. […]
Looking at this week’s share prices it is easy to pick out Hargreaves as the best performing company in road transport. And you wouldn’t be far wrong, if you’re measuring it over the past four weeks. The upturn is pretty stark. But it doesn’t tell the whole story…
Argos employees from across the UK are to protest outside its new owner Sainsbury’s’ HQ next week, after the company failed to guarantee their futures within the business.