Citi analyst Christian Wetherbee is "constructive" on GXO Logistics Inc''s (NYSE: GXO ) purchase of Clipper Logistics in a deal valued at $1.3 billion, split between cash and stock. Wetherbee maintained a Buy rating on the shares with a price target of $110. The analyst likes the "high-growth nature" of Clipper''s business, saying it is underpinned by e-commerce and reverse-logistics offerings, as well as the "reasonable … Full story available on Benzinga.com
GXO Logistics board confirmed that it has finalized agreement with Clipper Logistics (CLPLF) for the recommended cash and share acquisition by which the entire issued and to…

GXO makes firm offer for Clipper Logistics

11:50am, Monday, 28'th Feb 2022
GXO Logistics announced Monday a firm offer to acquire U.K.-based Clipper Logistics. Terms of the offer are unchanged and if successful, GXO would acquire Clipper for approximately $1.3 billion in a c

Why GXO Logistics Is Buying Clipper Logistics

02:31pm, Friday, 25'th Feb 2022 The Motley Fool
The acquisition enhances GXO''s strengths.

Why GXO Logistics Is Buying Clipper Logistics

09:31am, Friday, 25'th Feb 2022
The acquisition enhances GXO's strengths.
GXO Logistics has reached an agreement to buy Clipper Logistics for £943 million ($1.28 billion), Bloomberg reported Sunday (Feb. 20).
U.K. logistics retailer Clipper Logistics said Monday it has agreed to a possible takeover by U.S. peer GXO Logistics in a deal valuing the company at around £943 million ($1.3 billion).

John Lewis logistics firm Clipper agrees £940m US takeover

08:56am, Monday, 21'st Feb 2022 The Guardian
Board of Leeds-based warehousing company backs offer from rival GXO Logistics
(Reuters) British logistics retailer Clipper Logistics said on Monday it has agreed to be taken over by U.S. peer GXO Logistics in a cash-and-share deal.
U.K. logistics retailer Clipper Logistics said Monday it has agreed to a possible takeover by U.S. peer GXO Logistics in a deal valuing the company at around £943 million ($1.3 billion).
Clipper Logistics PLC (LSE:CLG) has agreed to the key terms of an offer being considered by GXO Logistics Inc that values each Clipper share at 920p. The possible offer is to acquire each Clipper shar
GXO Logistics has reached an agreement to buy Clipper Logistics for £943 million ($1.28 billion), Bloomberg reported Sunday (Feb. 20). This would combine two global supply-chain management giants.
GXO Logistics announced Sunday it has reached a tentative agreement to acquire U.K.-based Clipper Logistics for roughly $1.3 billion in cash and stock. Under the “possible offer,” GXO (NYSE: GXO)

GXO Logistics Flexes Its Muscles During the Holidays

02:15pm, Friday, 18'th Feb 2022 The Motley Fool
During the busiest time of year, GXO Logistics delivered a knockout quarter.
During the busiest time of year, GXO Logistics delivered a knockout quarter.
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