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 Administration 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.