Eddie Stobart Logistics (ESL) will see lenders pull out and face an “imminent liquidity shortfall” if shareholders reject DBAY Advisors’ takeover bid, DBAY warned this week. The warning follows reports that advisers to Andrew Tinkler, the former Eddie Stobart Logistics chief executive, are preparing to lodge a formal appeal with the Takeover Panel aimed at preventing DBAY Advisers from voting in favour of its own rescue bid. The appeal will be lodged with the mergers watchdog ahead of the shareholder […]
Andrew Tinkler, former boss of Eddie Stobart, is putting together a £75m rescue bid for ailing Eddie Stobart Logistics (ESL), according to reports.
Eddie Stobart Logistics makes second bid to win planning approval for major new Warrington distribution centre
Haulier Eddie Stobart Logistics (ESL) has resubmitted controversial plans to build a major DC on Green Belt land opposite its headquarters at Appleton Thorn, near Warrington.
Eddie Stobart and AW Jenkinson Forestry Products have placed what Scania has described as its largest ever order in Europe: 2,000 trucks over two years.