xpo-wincanton

Competition watchdog to probe GXO’s Wincanton takeover

The UK’s Competition and Markets Authority has launched an investigation into the completed acquisition of Wincanton by GXO Logistics. The CMA said that it has reasonable grounds for suspecting that arrangements are in progress or in contemplation which would result in the two companies ceasing to be distinct.Wincanton, one of the UK’s largest and oldest logistics companies, accepted an offer by GXO Logistics Directors to buy the company in March ... [+]