M&A
confidence medium
sentiment positive
materiality 0.75
GXO Logistics publishes scheme document for recommended cash acquisition of Wincanton plc
GXO Logistics, Inc.
- Wincanton published Scheme Document on March 14, 2024 for GXO's recommended cash acquisition via scheme of arrangement.
- Scheme Meeting and General Meeting scheduled for April 10, 2024 at 3:00 PM and 3:15 PM in London.
- Wincanton Board unanimously recommends shareholders vote in favor of the Scheme.
- If implemented, the acquisition will cancel listing of Wincanton shares on the London Stock Exchange.