Yodel receives £85m in funding – but how should it be spent? Business Yougov’s chief executive Steve Hatch takes a closer look at the data behind the biggest stories in business. Liverpool-based delivery firm Yodel recently announced an £85m funding package from a consortium of investors. The deal has dealt the final blow to the proposed merger between the parcel company and Shift, which led to a rescue deal for [...]
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 Business 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.
Yodel suitor The Delivery Group hails ‘strong’ performance despite ‘challenging’ year February 12, 2024 Losses widened at The Delivery Group, which is among the companies who could be able to take over Yodel, during its latest financial year.
Yodel’s future close to being decided amid administration reports February 8, 2024 The future of Yodel could be close to being decided amid reports that it is lining up administrators as a "number of parties" circle.
Yodel addresses sale talk as potential buyer emerges February 7, 2024 Delivery group Yodel has addressed reports that its owners have accelerated their plans to find a buyer.