News / Ceva beaten to the punch as Wincanton accepts GXO takeover bid

01/03/2024

The board of UK contract logistics operator Wincanton this morning announced it had accepted GXO’s £6.05 per share takeover bid.

Wincanton said the bid values it at approximately £762m on a fully diluted basis and at an enterprise value of approximately £960m (IFRS16 basis), and represents ...

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