Blow to Reeves as competition watchdog attacks £800m takeover [Yahoo! Finance]
GXO Logistics, Inc. (GXO)
Company Research
Source: Yahoo! Finance
The Competition and Markets Authority (CMA) warned on Wednesday that the acquisition of haulage company Wincanton by American giant GXO Logistics would “likely reduce competition” and raise costs for grocers. Without concessions from GXO, the CMA could unwind the £764m deal more than a year after it was first completed. GXO hit out at the “disproportionate” CMA decision, claiming that the Wincanton takeover was “pro-growth” and would “deliver efficiencies for UK businesses”. The decision to upend the US swoop could stoke further tension over the CMA's role in boosting the UK economy and its intervention in mergers Marcus Bokkerink was ousted as CMA chairman in January after the Chancellor warned the watchdog it needed to rip up red tape to boost economic growth The move was widely seen as a signal that the UK was more open to approving takeovers. Ms Reeves has made making Britain more appealing to overseas investors a key plank of her growth agenda. Meanwhile, the watch
Show less
Read more
Impact Snapshot
Event Time:
GXO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GXO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GXO alerts
High impacting GXO Logistics, Inc. news events
Weekly update
A roundup of the hottest topics
GXO
News
- GXO Logistics (NYSE:GXO) was given a new $66.00 price target on by analysts at Stifel Nicolaus.MarketBeat
- Brad Jacobs to Step Down from Chairman Roles at XPO and GXO Logistics [Yahoo! Finance]Yahoo! Finance
- GXO Announces Brad Jacobs Will Step Down as Non-Executive Chairman [Yahoo! Finance]Yahoo! Finance
- GXO Announces Brad Jacobs Will Step Down as Non-Executive ChairmanGlobeNewswire
- GXO Appoints Bart Beeks as Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
GXO
Earnings
- 11/4/25 - In-Line
GXO
Sec Filings
- 12/15/25 - Form 8-K
- 12/12/25 - Form 8-K
- 12/1/25 - Form 4
- GXO's page on the SEC website