Ceva Logistics pulls out of race with GXO to acquire Wincanton
Ceva Logistics has formally given up on its plan to acquire the UK’s Wincanton. The CMA ...
“In the first half of the year the Group has delivered a healthy overall performance from a stable platform. We continue to develop our business and propositions to meet the needs of our customers, especially benefiting from growth in eCommerce in the Retail & Consumer environment.” – Adrian Colman, Wincanton chief executive officer, 8 November.
Wincanton stock has rallied in the past few weeks, despite very challenging market conditions for risk takers, thanks to a stellar trading update that proves its management team ...
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