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Logistics Development Group Gets Revised Takeover Proposal from DBAY Advisors

MT Newswires·11/06/2026 01:09:52
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01:09 AM EST, 11/06/2026 (MT Newswires) -- Logistics Development Group (LDG.L) received a revised potential takeover proposal from private equity and asset management firm DBAY Advisors for the shares it does not already own. The logistics industry-focused investor said Thursday that its board is reviewing the revised proposal after rejecting DBAY's earlier cash offer of 0.20 pound sterling per share in October. The deadline for DBAY to announce a firm offer or withdraw its interest has been extended to Dec. 3 from the previous deadline, allowing Logistics Development more time to assess the proposal.