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US-based GXO eyes potential acquisition of Wincanton in the UK

2024-02-27 00:00

In a recent development within the logistics sector, GXO, a US-based logistics company, has expressed interest in acquiring Wincanton, a key player in the UK logistics market. This move comes amidst Wincanton's ongoing acquisition discussions with CEVA Logistics of France, potentially unsettling the latter's £600 mln bid.

GXO, known for its acquisition of Clipper Logistics in

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