Comment / Analysis: GXO Logistics at takeover – value trap?

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$7.5bn-market-cap GXO Logistics is indeed on everybody’s lips: both trade and finance sources are eager to speculate about it, sharing views and insight, preaching different scenarios about its future under new ownership, if and when that turns out to be the outcome.

Having preliminarily looked at this event-driven situation a week ago – here: ’Scent of box line interest’ – in the wake of Bloomberg coverage suggesting the group “is exploring a sale“, GXO so far hasn’t issued any formal statement, ...