Xpediator surges on takeover offer

Xpediator surges on takeover offer

Freight management services group Xpediator surged on Tuesday after a consortium including largest shareholder Cogels – the investment vehicle of former chief executive Stephen Blyth – made an indicative proposal of 42p a share in cash to take the business...
Space company Maxar agrees to go private in $6.4bn deal

Space company Maxar agrees to go private in $6.4bn deal

Space imagery and infrastructure company Maxar on Friday announced an agreement to go private through an acquisition led by Advent International. The all-cash deal gives Maxar an enterprise value of about $6.4bn. Private equity firm Advent is taking a $3.1bn stake in...