Tag: #CMA #GXOWincantonMerger #CompetitionRegulation #LogisticsNews #BusinessInsights

UK's CMA Suspends GXO Wincanton Merger Citing Competition Risks

The Competition and Markets Authority (CMA) of the UK has placed a temporary halt on the proposed acquisition of Wincanton by GXO Logistics, amounting to £762 million. This decision arises from initial findings indicating that the merger poses significant competition risks in the already competitive contract logistics services sector. In an interim enforcement order (IEO) […]

Back To Top