GXO Logistics exploring possible sale, Bloomberg reports - InvestingChannel

GXO Logistics exploring possible sale, Bloomberg reports

GXO Logistics is working with financial advisers to explore a potential sale, Bloomberg’s Crystal Tse, Aaron Kirchfeld, and Kiel Porter report. According to people familiar with the matter, the company started reviewing its options after receiving interest from possible buyers. No final decision has been made and GXO may opt to remain independent. Shares of GXO Logistics are up nearly 11% in premarket trading.

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