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DX Group, John Menzies end merger talks

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DX Group, John Menzies end merger talks

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(Reuters) – British mail delivery company DX Group <DXDX.L> said on Monday talks for a potential merger with John Menzies Plc’s <MNZS.L> distribution unit had been terminated due to unsuitable terms. DX said it would change the composition of its board as part of business changes.

(Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Amrutha Gayathri)
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