John Menzies PLC (MNZS.L)
21 Jul 2017
June 5 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
June 5 UK mail delivery firm DX Group agreed to acquire John Menzies' distribution arm through a reverse takeover on Monday, securing backing from its largest investors after terms of the deal were revised.
* update on proposed combination of DX and John Menzies' distribution division
* Gatemore owns 11 pct of DX, representing 18 pct of investors
LONDON, May 5 The biggest investor in UK mail delivery firm DX Group, Gatemore Capital Management, ratcheted up its opposition to a planned reverse takeover deal with John Menzies on Friday, saying it "grossly undervalued" the firm.
* Top investor Gatemore Capital Management withdraws EGM requisition to improve board
March 31 Mail delivery firm DX Group Plc said it was talks to buy airport services and logistics group John Menzies' distribution division in a cash-and-stock deal.