very nervous time for the 6000— people who work for eddie stobart.e about today, all about when the company's shares were suspended back in august because of accounting problems. one of their larger shareholders put a proposal on the table to lend £55 million and ordered to pay back their debts, and to keep the company afloat in exchange for half of the company. although this means that the company will keep going, shareholders have had to take quite a hit by accepting it. does it make people who work for the company, does it make their working life secure, well they feel confident about this deal? certainly, they will feel confident about this. the private equity firm that has won this about used to actually own eddie stobart so they have been involved in the business for a have been involved in the business fora time, have been involved in the business for a time, they say some of the people working for the company are the best in the business and how they are committed to taking forward. there will also be relieved forward. there will also be reli

so relief for eddie stobart employees today?. it's been a really difficult time — shares were suspended back in august — when it became clear the company had run into trouble after it revealed a £2 million error in its 2018 results. but, today, relief as shareholders approved the rescue plan. one of the firm's largest shareholders, dbay advisors, will lend it £55 million through high—interest bonds and assume control of the haulier — taking a 51 % stake in the company. what more do we know about this private equity firm — dbay? they previously owned eddie stobart — in a statement released today they said during that time — the business thrived as a highly profitable, cash generative logistics business. today the dbay also said... we would like to thank shareholders for supporting our transaction which will bring immediate stability to the business. eddie stobart‘s loyal staff are the best in the industry and we are pleased to be able to provide certainty over their jobs throughout the christmas period and beyond. we would also l