Industry News, Trustworthy Insights

Popular Companies:

HIG Capital Exclusive: £315m Acquisition of DX Group Explained

HIG Capital, the private equity giant has acquired Parcel delivery company, DX Group, at an agreed takeover price of £315 million.

HIG Capital expands logistics portfolio with £315m DX group Acquisition. PHOTO: HIG Capital
HIG Capital expands logistics portfolio with £315m DX group Acquisition. PHOTO: HIG Capital

Under the terms of the acquisition, DX shareholders will receive 47.5p per share in cash and a final dividend of 1p per share for the year ended July 1, 2023.

This represents a premium of about one-third compared to DX’s closing price on September 8, 2023,

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

[formidable id=3]