Rui Marques returns to Spain as GXO's new Iberia managing director
Contract logistics operator GXO Logistics has announced that Rui Marques (above) will return to Spain ...
Quite simply, the logic for spinning off one business from another is that the original combined entity be worth less than its separated parts over time.
The sooner, the better.
Value
In fact, the first days of trade when a break-up occurs, are decisive to set the tone for what’s about to come in terms of value realisation in any extraordinary corporate story.
And judging from the first trading days of XPO Logistics and GXO Logistics, the XPO spin-off, from Monday, when the split ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article