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XPO-Spinoff GXO Logistics Is Said to Explore Potential Sale.
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- معلومة اضافية
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GXO Logistics, a supply-chain services provider that spun off from XPO Inc. in 2021, is reportedly exploring a potential sale. The company is working with financial advisers after receiving interest from potential buyers. However, no final decision has been made, and GXO could choose to remain independent. The transportation and logistics sector often sees mergers and acquisitions, and GXO's market value has decreased since the spinoff. GXO describes itself as the largest pure-play contract logistics provider globally, offering various supply chain services. [Extracted from the article]
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