GXO Logistics Inc., the world's largest pure-play contract logistics provider, announced the completion of the UK Competition and Markets Authority's regulatory review of its acquisition of Wincanton. The approval was granted subject to the divestment of a small number of Wincanton grocery contracts in the UK. This clearance allows GXO to integrate the majority of Wincanton's business, with the integration expected to commence in the third quarter. The two companies are also permitted to collaborate on ongoing aerospace and defense tenders in the UK immediately. As a result of this development, GXO has raised its full-year 2025 guidance on organic revenue growth, adjusted EBITDA, and adjusted diluted EPS, reflecting the anticipated synergy benefits from the acquisition.
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