GXO cleared to complete £960m Wincanton purchase
Pure-play contract logistics operator GXO has finally won clearance from UK competition regulators for its ...
Investment firm Gatemore Capital, which spent much of last year engaged in a running war with one of its investments, DX Group, has now called on Wincanton – another of its investments – to divest itself of one of its two divisions. Reuters reports that Gatemore has called on the UK-headquartered logistics operator to conduct a strategic review and refocus the business. Its two transport divisions focus on retail and on construction and industrial services.
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