Stobart Group in for Autologic with £12.4m cash offer

Stobart Group to purchase Autologic
 

Stobart Group has made its expected formal offer for car-transporter firm Autologic, which values the company at £12.4m. The deal would in effect see Stobart become the largest car-transporter haulier in the UK. Both parties have been in talks since Thursday 24 May and Stobart has made the offer in cash through Stobart Holdings Limited. […]