DBAY Advisors given fourth extension to Eddie Stobart bid deadline


 

An investor sizing up Eddie Stobart Logistics (ESL) for a potential purchase opportunity has been granted another extension to the deadline to make an offer. Private equity investor DBAY Advisors, ESL’s fourth largest shareholder, now has until 8 November to announce either a firm intention to make an offer for the company or to walk away. The board of ESL said discussions with DBAY remain ongoing and to allow further time for talks it had requested that the panel on […]