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.
How will Island remain attractive during MONEYVAL assessment?
How will the Island stay attractive to businesses while being scrutinized by Europe's anti-money laundering body?
Do you know a company director who deserves an award?
Do you know a company director who deserves recognition?
Festive social event for young professionals this week
Locate Isle of Man is hosting a social event this week.
Fewer businesses now optimistic about future
Fewer local businesses are optimistic about the future compared to last year, according to a new government poll.
Financial regulator recruiting for board members
The Financial Services Authority is looking for new board members.
Businesses needed for seaside kiosk
Port Erin Commissioners say they're looking for people with business ideas to rent a beachside shed.
Businesses who wouldn't recommend IOM almost triples in 8 years
Around 20 percent of local companies say they wouldn't recommend the Island as a place to do business.
M&S officially opens new-look Douglas food hall
Percy Pig and Colin the Caterpillar were on hand this morning to help officially open Marks and Spencer's new food hall.
