Eddie Stobart Logistics (ESL) has hit back at Wincanton’s claims this week that it has withdrawn its interest in bidding for the company due to a lack of financial information, insisting it gave Wincanton “extensive due diligence commensurate with its status as a strategic competitor”. Wincanton withdrew its interest in bidding for ESL yesterday (25 November), citing concerns about ESL’s “financial performance and ongoing liquidity”. In a Stock Exchange announcement, Wincanton said it had not received “full disclosure of the information […]
DBAY Advisors has been granted a fifth extension to its deadline to make a bid for Eddie Stobart Logistics (ESL).
The DfT has said a decision will be made in due course on the rigidity of the December deadline for operators to take up their allocations of longer semi-trailers as part of the government’s 10-year trial.
URTU members employed by Wincanton working at the HJ Heinz factory near Wigan have voted in favour of industrial action following a pay dispute.