Eddie Stobart Logistics (ESL) has applied for its shares to be suspended from AIM trading after it failed to publish its half-year results in time. The company has also announced that CEO Alex Laffey is to step down with immediate effect. It is understood that Sebastien Desreumaux, currently CEO of iForce and head of Contract Logistics at Eddie Stobart, has been promoted to group CEO and will join the logistics firm’s board “in due course”. In July, ESL cut its […]
Eddie Stobart Logistics (ESL) may be forced to seek a new injection of capital to ease investor concerns over mounting debts, an equity analyst has told motortransport.co.uk Tim Wallace
Eddie Stobart Logistics has confirmed it will list on the Alternative Investment Market (AIM) next week on 25 April at 8am, a move that will see former owner Stobart Group slash its holding in the haulier and pocket £113.1m.
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.