Stobart Group Ltd (STOB.L)
1 Sep 2014
|Market Cap (Mil.):||£411.55|
|Shares Outstanding (Mil.):||327.93|
LONDON, April 1 - The sale of a majority stake of Eddie Stobart Logistics, the transport and distribution arm of British freight company Stobart is being financed with 160 million pounds ($266.17 million) of debt, banking sources said on Tuesday.
* Co to sell stake in transport and distribution business for 239.7 mln stg
March 6 - British freight company Stobart Group Ltd said it would sell 51 percent of its core transport and distribution business for 239.7 million pounds ($401 million) to a group led by Chief Operating Officer William Stobart and backed by an asset management firm.