Yodel’s £106m takeover by InPost put on ice after High Court order Business Yodel’s £106m acquisition by InPost has been put on ice after an injunction was filed with the High Court in the latest twist in a long-running legal spat. Last month, CityAM reported that Poland’s InPost had agreed to buy Liverpool-headquartered Yodel in what was described as a “pivotal milestone” at the time. InPost said [...]
Inside the bitter court battle over Yodel’s future – and why it matters Business An increasingly bitter legal battle has broken out between Yodel and the entrepreneur who attempted to rescue the delivery giant last year. In the one corner is the Liverpool-headquartered company and its chief executive, Mike Hancox. In the other is the man who led that aborted rescue deal – which ended up falling through last [...]
Yodel merger with Shift off the cards after £85m funding deal Business A planned merger between Yodel and the logistics tech firm Shift is no longer on the cards after the parcel delivery giant unveiled an £85m funding package intended to quell concerns following its brush with bankruptcy earlier in the year.
Arrowxl to be sold after former Yodel owner racked up debts of over £150m May 28, 2024 ArrowXL is to be sold after the company behind it, which is owned by the billionaire Barclay family and formerly included Yodel, racked up debts of more than £150m ahead of entering administration.
Former Yodel owner owed over £100m as it collapsed into administration – but director hits back May 20, 2024 The former owner of parcel delivery group Yodel owed more than £100m when it collapsed into administration, according to a new document.
Shift: The Yodel deal orchestrator backed by Sir Andy Murray and the Duke of Norfolk February 13, 2024 All you need to know about Yodel's new owner which is backed by Sir Andy Murray and the Duke of Norfolk.
Parcel deliverer Yodel saved from brink by fast growing rival Shift February 13, 2024 Parcel delivery group Yodel has been saved from the brink of collapse by rapidly-scaling competitor Shift overnight.