John Menzies has walked away from a proposed £40m deal to sell its distribution arm to parcel delivery and logistics firm DX Group. The move follows a trading update on 14 July in which DX cautioned ...
A £40 million merger between the distribution arm of John Menzies and DX Group, which has two depots employing more than 500 at Willenhall, has been scrapped. It follows a profit warning by parcel ...
The two businesses first announced plans of a joint venture in March and in June, a proposal looked at DX acquiring Menzies Distribution for a cash payment plus new shares worth 65 per cent of the ...
John Menzies has walked away from a proposed £40m deal to sell its distribution arm to parcel delivery and logistics firm DX Group. The move follows a trading update on 14 July in which DX cautioned ...