DBAY Advisors has been granted a fifth extension to its deadline to make a bid for Eddie Stobart Logistics (ESL). DBAY had previously been given until 5pm on November 8 to make an offer or walk away. However, with the Isle of Man-based business still running the rule of ESL’s finances, the panel of takeovers and mergers has given it a new deadline of 5pm tomorrow (13 November) to “put up or shut up”. Read more DBAY Advisors given fourth […]
Wincanton has won a five-year contract with Watson Fuels to handle all of the distributor’s artic fuel activity across the UK.
William Stobart is set to return to Eddie Stobart Logistics (ESL) if equity firm DBAY Advisors succeeds in its bid to buy the troubled haulier.
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.