US-based GXO Logistics is making a decisive push to strengthen its PPCLO leadership among listed contract logistics players worldwide with a $1.3bn-equivalent deal targeting Clipper Logistics of the UK.

The boards are “pleased to announce that they have reached agreement on the key terms of a possible cash and share offer for Clipper by GXO (the “Possible Offer”),” a statement released yesterday read.

(We warned you the PPCLO space is red hot, as you have recently found out here, here and here on Premium.)

We understand the ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £13.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.