UK regulator delays GXO's Wincanton takeover, due to 'competition concerns'
The UK’s Competition and Markets Authority (CMA), the country’s chief competition regulator, has delayed GXO’s ...
ID 9673493
© Cflux
| Dreamstime.com
GXO Logistics is a one of a kind. In the pure-play contract logistics operator (PPCLO ? ?Loadstar Premium) sector it’s the Big Kahuna, second in size only to DHL Supply Chain in the wider contract logistics field, and with a deal pedigree that comes from its origins in Brad Jacobs’ M&A-built XPO Logistics.
With the takeover of UK-based Wincanton recently completed, GXO last week released first quarter earnings that barely moved its share price in the immediate aftermath, but that comes ...
Comment on this article