Andrew Tinkler announces firm bid for Eddie Stobart Logistics as Wincanton bows out


 

Former Eddie Stobart chief Andrew Tinkler has confirmed his intention to bid for Eddie Stobart Logistics (ESL) just hours after Wincanton withdrew from the fray and is warning that a rival bid from DBAY Advisors is not in the interests of ESL shareholders. The confirmation came today in a Stock Exchange announcement from TVFB, a company controlled by Tinkler. The statement confirmed that TVFB had submitted a bid to ESL which it  described as “considerably more advantageous to ESL’s shareholders and […]