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Bidders mull Eddie Stobart buy
[ October 21, 2019 // Chris ]
Wincanton is considering a bid for multimodal transport and logistics operator Eddie Stobart. However, Stobart’s largest shareholder DBAY Advisors is also considering a bid. It follows a troubled time for Eddie Stobart. Chief executive Alex Laffey stood down in the summer following an accounting error that overstated profits by £2 million, leading to a collapse in its share price.
Tags: Wincanton; Eddie Stobart; DBAY Advisors
