Eddie Stobart Logistics said its third largest shareholder DBAY Advisors Limited has made a preliminary expression of interest to buy the firm.
The company has been grappling with issues that have led to a shake-up of the top level management.
Today's news follows the departure of chief executive Alex Laffey and suspension of trading last month after it failed to publish its half-year results in time.
The company, whose largest shareholder is troubled fund manager Neil Woodford, had decided to review its dividend policy.
It said it would publish the first-half results in early September, with its adjusted operating profit likely to be significantly lower than anticipated.
The logistics company said in July that a review of its previous statements under new chief financial officer Anoop Kangits found that 2018 adjusted operating profit was overstated by about £2m.
DBAY Advisors Limited owns about 10.11% stake in the logistics group, whose brands include biForce, Logistics People and Speedy Freight, according to data from Refinitiv Eikon.
