GXO Logistics (GXO) has provided an announcement.
GXO Logistics, Inc. has announced that its acquisition of Wincanton plc will proceed via a scheme of arrangement, a decision made with approval from Wincanton and the UK’s takeover authority. This strategic move aims to consolidate the entire share capital of Wincanton, signaling a significant maneuver in the logistics industry that could have interesting implications for investors watching the market.
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