GXO Logistics Makes Cash Offer of 605 Pence/Share to Acquire Wincanton

 GXO Logistics, Inc. (NYSE:GXO) (GXO), the world's largest pure-play contract logistics provider, today announced that it has made a cash offer to acquire Wincanton plc (Wincanton) under Part 28 of the U.K. Companies Act 2006 (the Acquisition). Under the terms of the offer, each Wincanton shareholder will be entitled to receive 605 pence in cash for each Wincanton share held.