MSC's Hutchison ports buy – it's a cracker
…but what’s in it for China?
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| Dreamstime.com
Just over $1bn spent in M&A to acquire Coyote, a deal that is expected to close by the end of the year, and about $800m of market value added in six trading sessions for tech-enabled truck brokerage RXO since it disclosed the purchase from UPS.
Now crucially contributing to strengthen the value-accretive case for the original XPO Logistics break-up that took place almost three years ago, with GXO Logistics the first to start trading as a standalone entity, RXO is certainly ...
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