Date set for Eddie Stobart Logistics shareholders to consider DBAY Advisors bid


 

A general meeting of Eddie Stobart Logistics (ESL) shareholders is to take place on Friday, December 6 to consider DBAY Advisors’ bid for the troubled haulier. The Isle of Man-based private equity company has offered ESL a £55m capital injection and will take a 51% stake in the company if shareholders accept its proposal. A DBAY takeover would see William Stobart – the fourth child of Eddie Stobart, who founded the company in the 1940s – assume the role of executive […]