WIN.L Share News (WIN)

UK's CMA to investigate GXO's acquisition of Wincanton

(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it was launching an investigation into GXO Logistics' £762m acquisition of Wincanton, which completed at the end of last month.

IN BRIEF: Wincanton takeover by GXO cleared by UK national security

Wincanton PLC - Chippenham, UK-based supply chain logistics specialist - GXO Logistics Inc notes that the UK Secretary of State in the Cabinet Office informed it that the UK Government will not take any further action over its planned GBP753.5 million takeover of Wincanton. The agreed deal had triggered a mandatory notification to the UK Government under the UK National Security & Investment Act 2021. GXO Logistics says the acquisition still remains subject to other remaining conditions.

LONDON BRIEFING: Astra promises dividend hike; Darktrace ups guidance

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, as investors eye the latest interest rate decision from the European Central Bank, a day after a hotter-than-expected US inflation reading.

Wincanton shareholders approve GBP750 million GXO Logistics takeover

(Alliance News) - Wincanton PLC on Wednesday said shareholders voted in favour of the proposed GBP750 million acquisition by by GXO Logistics Inc.

LONDON MARKET MIDDAY: Stocks drop on Israel-Iran tensions and Fed talk

(Alliance News) - Stock prices in London were firmly down at midday on Friday, as rising tensions between Israel and Iran alongside doubts around the timing of US interest rate cuts hurt investor sentiment.

Wincanton set for GXO takeover as Ceva fails to raise offer price

(Alliance News) - Wincanton PLC on Friday said that the period for an increased takeover offer from Ceva Logistics UK Rose Ltd had passed, leaving the company open for an acquisition by GXO Logistics Inc in a GBP750 million deal.

UK shareholder meetings calendar - next 7 days

EARNINGS AND TRADING: Alba Mineral finds gold targets at Dolgellau

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Keysight outbids rival Viavi to buy UK's Spirent for $1.5 billion

March 28 (Reuters) - Keysight Technologies outbid rival Viavi Solutions to buy Spirent Communications for about 1.16 billion pounds ($1.46 billion) on Thursday, winning a battle over the UK telecoms testing firm's expertise in automation.

GXO gets Guernsey financial approval for acquisition of Wincanton

(Alliance News) - GXO Logistics Inc on Wednesday said it has received approval from the Guernsey Financial Services Commission for the acquisition of Wincanton PLC.

UK shareholder meetings calendar - next 7 days

CEVA Logistics will not increase takeover offer for Wincanton

(Alliance News) - Wincanton PLC on Tuesday said that CEVA Logistics UK Rose is not increasing its takeover offer, amid rival bids.

SMALL-CAP WINNERS & LOSERS: SIG falls as swings to annual loss

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

CEVA Logistics won't increase takeover offer for Wincanton

(Sharecast News) - CEVA Logistics, a unit of French shipping firm CMA CGM, said on Tuesday that it won't be upping its takeover offer for Wincanton any further, after being outdone by Clipper Logistics owner GXO Logistics last week.

LONDON BRIEFING: Spirent Communications agrees GBP1 billion takeover

(Alliance News) - Stocks in London are set to open down slightly on Tuesday, ahead of a slew of economic data.