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Old 6th Dec 2019, 15:19
  #3718 (permalink)  
SWBKCB
 
Join Date: Apr 2003
Location: Northumberland
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The £55m is for Eddie Stobart - the Haulage company. Stobart Group, the airport operator, are a seperate firm.

According to asdf1234 above, Stobart Group are also shareholders in Eddie Stobart, and have borrowed against the value of these shares.

Media reports describe the £55m of new financing as a "high interest loan".
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