LAWFUEL – Press Release Service – Travers Smith is advising Candover and the acquirers on the £348m bid for DX Services and the separate but linked, £confidential acquisition of Secure Mail Services. Candover plans to combine DX Services, which is the UK’s leading independent provider of next day, early morning business-to-business mail delivery services, with Secure Mail Services which is the leading independent provider of secure mail services in the UK and delivers time-sensitive documents like passports to mostly domestic customers. Bank of Scotland is providing debt funding to the combined transaction.
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