White & Case LLP has advised DX (Group) plc, a leading independent logistics and parcel distribution company in the UK and Ireland, on its agreement to acquire assets from City Link.
The acquisition includes cages, scanners and certain intellectual property for which DX has reached an agreement with EY, the administrators of City Link, to pay £1.125 million.
White & Case previously advised DX on its initial public offering and admission to the AIM market of the London Stock Exchange.
The White & Case team in London which advised DX included partner Ian Bagshaw and associate Nicole Vella.
Matter Type
Asset Sale: Acquiror's Counsel
Industry
Transport & Logistics
News Category
M&A