Wincanton Backs GXO's £762M Takeover Offer Over Rival Bid

By Dawood Fakhir ( March 1, 2024, 3:04 PM GMT) -- Management of supply-chain group Wincanton PLC on Friday endorsed GXO Logistics Inc.'s £762 million ($964 million) takeover offer, picking the U.S. logistics group over a competing £605 million offer by French shipping giant CMA CGM SA....

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