UK's CMA to investigate GXO's acquisition of Wincanton
Wincanton
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The UK’s Competition and Markets Authority said on Wednesday that it was launching an investigation into GXO Logistics’ £762m acquisition of Wincanton, which completed at the end of last month.
Industrial Transportation
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The watchdog said it has issued an initial order to the companies as part of the investigation.
GXO Logistics - which owns Clipper Logistics - fended off competition for Wincanton from CEVA Logistics, a unit of French shipping firm CMA CGM.