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Eddie Stobart Logistics has announced that it has raised £9m in new financing as part of its strategy to launch an M&A programme.

Last year’s battle for control of the Eddie Stobart group, which saw the household-name haulier, as well as its iForce, Pallet Network and the Logistics People subsidiaries, acquired by investment vehicle Greenwhitestar Acquisitions.

The deal included AIM-listed Eddie Stobart Logistics holding a minority 49% stake in Greenwhitestar, but following this latest investment round the company, described as “cash shell” ...

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  • Alexander Hopkinson-Woolley

    December 12, 2020 at 11:40 am

    My wife and I acquired shares in Eddie Stobart (Redmayne Bentley) long before the accounting problems surfaced and do not know what is going on now. She holds 10,000 and I 3,000 shares.
    A Happy Christmas to you all and a Merrily busy New Year
    Alexander