Volkswagen is considering spinning off its commercial vehicle division – comprising Scania, MAN, Volkswagen Caminhões e Ônibus and Rio– by the end of the year. Although dependent on market conditions, Volkswagen is targeting an IPO of the commercial vehicles business as Traton Group. Ahead of the biannual IAA show in Hannover, which begins on Thursday, Volkswagen said that now was the right time to set the course for the future of Traton. Traton, formerly Volkswagen Truck & Bus, has also […]
Royal Mail’s privatisation is complete, after the Department for Business, Skills and Innovation (BIS) said it had sold its remaining 14% stake in the business.
The sale of its Palletforce shares after the purchase of the pallet network last year by EmergeVest sent Farrall’s’ profit soaring in 2015.
Eddie Stobart Logistics returns to the stock market next month with a listing on the Alternative Investment Market (AIM) that will value the operator at more than half a billion pounds.