GXO Logistics Inc. Secures UK Regulatory Approval for Wincanton Acquisition, Raises 2025 Financial Guidance
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GXO Logistics Inc. has received UK regulatory approval for its acquisition of Wincanton, contingent on divesting a few grocery contracts. This allows for the integration of most of Wincanton's business starting in Q3. The companies can also collaborate on aerospace and defense tenders immediately. Following this, GXO has raised its 2025 financial guidance for organic revenue growth, adjusted EBITDA, and adjusted diluted EPS, anticipating synergy benefits from the acquisition.
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