US logistics firm GXO tops CMA CGM’s offer for Wincanton

The bidding war for UK logistics player Wincanton is heating up, with US-based warehousing firm GXO Logistics surpassing an offer made by CMA CGM’s CEVA Logistics. The owner of Clipper Logistics has logged a bid under which shareholders would get 605 pence in cash for each Wincanton share held – up about 26% from CEVA …

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