Package deal: Evri to merge with DHL ecommerce arm Business Parcel delivery company Evri is set to merge with DHL eCommerce UK, the e-commerce logistics specialist of DHL Group, in yet another example of consolidation in the sector. The merged Evri business is set to deliver over a billion parcels and a further billion business letters annually, with 30,000 couriers and 12,000 office staff, DHL [...]
Ferrari Group picks Amsterdam for $1bn float in fresh snub to London Stock Exchange Business Ferrari Group, which specialises in shipping luxury goods across the globe, has announced plans for a $1bn float in Amsterdam in another blow to the London Stock Exchange. The London-headquartered company has confirmed its intention to launch an initial public offering (IPO) on Euronext Amsterdam. Ferrari Group was founded in Italy in 1959 and has international operations [...]