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GXO Logistics Advances Acquisition of Wincanton plc
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GXO Logistics Advances Acquisition of Wincanton plc

GXO Logistics (GXO) has shared an announcement.

GXO Logistics, Inc. has successfully moved forward with its cash offer to acquire all shares of Wincanton plc, as shareholders of both companies have voted in favor of the acquisition scheme. This major step in the merger process follows prior announcements and involves a court-sanctioned arrangement, which also includes an approved special resolution to amend Wincanton’s articles of association to facilitate the acquisition. The details of these events have been documented in recent company announcements.

For an in-depth examination of GXO stock, go to TipRanks’ Stock Analysis page.

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