GXO makes formal cash offer for Wincanton
Wincanton, UK: US-based GXO has made a formal 605p-a-share cash offer for Wincanton and given more details about the deal in a stock exchange statement issued today. The deal values Wincanton at £762m or £764m including debts. This dwarfs the other bid for Wincanton from Ceva Logistics – part of French shipping specialist CMA CGM …
