UK CMA minds to refer GXO's Wincanton acquisition to Phase 2 investigation

GXO Logistics, Inc.

CMA announced it is minded to refer GXO’s Wincanton acquisition to a Phase 2 investigation unless undertakings agreed by Nov 15, 2024.
GXO completed its offer for Wincanton on April 29, 2024; operations will remain separate until CMA review is complete.
GXO is reviewing the decision, will engage constructively with the CMA, and remains confident in obtaining clearance.

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