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GXO Logistics ( (GXO) ) has shared an announcement.
On February 19, 2025, the United Kingdom Competition and Markets Authority released an Interim Report on GXO Logistics’ acquisition of Wincanton plc. The report found no competition concerns for most of Wincanton’s business but noted potential competition issues regarding a small segment of sophisticated customers, representing less than 10% of Wincanton’s revenue. GXO Logistics disagrees with these provisional findings and plans to work with the CMA to achieve full clearance by the end of April.
More about GXO Logistics
YTD Price Performance: -4.41%
Average Trading Volume: 1,573,828
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.92B
Find detailed analytics on GXO stock on TipRanks’ Stock Analysis page.
