One of the UK's most famous haulage firms - owned by a Manx company - is to float on the Alternative Investment Market next month.
Eddie Stobart Logistics is 51 per cent owned by Isle of Man-based investment firm DBay, which spent £280 million buying the stake in 2014.
Now the Stobart board says it hopes to raise more than £550 million in the initial public offering which will take place in April.
The proceeds will be used to pay down existing debts, fund future growth and pay for acquisitions.
Amount of money deposited in Isle of Man has dropped
The Island's banking regulator says the total amount of money deposited in the Isle of Man dropped over the last financial quarter.
Island tourism video featuring John McGuiness wins award
A video featuring over 30 Manx businesses has won a prestigious award.
Private plane company gets new manager
An Island-based private plane company has announced a new manager.
Douglas based law firm appoints new advocate
A Douglas based law firm has appointed a new advocate.
Island bar beats out tough competition to win prestigious award!
An Island drinks venue has won a prestigious business award.
Indian government investigating money laundering through the Island
The Indian government says it's investigating possible money-laundering offences involving a Chennai-based power company that's alleged to have diverted money to the Isle of Man.
Have your say on changes to employment law!
There's just under a fortnight left to have your say on proposed changes to employment law.
Peel gym is getting a makeover!
A gym in the west of the Island could get a facelift under new plans.
