Prospective buyers said to be circling UK parcel specialist Yodel
Yodel’s future has been thrust into uncertainty, with rumours circulating of its sale or administrators ...
By Alex Lennane
UK parcel carrier Yodel has been saved from collapse by a company backed by logistics firm Shift and an investment bank. The deal will safeguard “thousands of jobs”, according to the BBC, after 50 sites were acquired by the consortium for an undisclosed sum. Yodel said the deal would create a “super-scale” logistics platform.
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