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UK watchdog also imposes penalty on two partners following three-year investigation
Logistics and haulage company avoided financial crash last year
Former CEO and fifth-largest shareholder severs ties with group that sacked him
Trucking group failed to keep control of cash flow as it expanded rapidly
Rights issue early next year follows rescue by private equity group Dbay
Dbay’s offer for haulage group wins ‘overwhelming’ majority of votes
Lorry company’s board says lenders will only support refinancing through buyout group’s proposal
Andrew Tinkler’s TVFB plans emergency equity raising of up to £70m to cut group’s debt
UK logistics group at risk of collapse without new cash to support its operations
Isle of Man-based Dbay Advisors to charge 18% interest on emergency finance if approved
DouglasBay proposes injecting £55m of finance in exchange for a 51% stake
Rival becomes latest suitor for the Woodford-backed British trucking company
The car dealer is struggling, as its dismal interim numbers show
For investors, Advent’s deal captures a recovery potential that the market price may never
Group says preparations for new contracts placed ‘substantial demands on working capital’
Orion unlikely to repeat its success with distressed retail assets in Spain
Private equity investor DBay eyes makes preliminary expression of interest in trucking group
Shares in haulier suspended as it investigates issues with its half-year results
Haulier to restate last year’s earnings following review by new finance chief
UK logistics group posts lower than expected profit as it integrates new customers
UK group says flexible business means it is ‘well-placed to respond’ to EU departure
The more disciplined private equity boss will not want to unsettle investors
Andrew Tinkler wanted merger with logistics arm spun off four years earlier
Tumultuous week sees director fired and more allegations of misconduct
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