BBG: XPO restarts sale of European supply chain business

BLOOMBERG reports:
XPO Logistics Inc. is reviving a sale of its European supply chain business, according to people familiar with the matter, after the process had paused during the coronavirus pandemic.
The business, which does contract logistics, could fetch between $4 billion and $4.5 billion in a potential sale, one of the people said, asking not to be identified because the information isn’t public.
The company has reached out to potential private equity …

The post BBG: XPO restarts sale of European supply chain business appeared first on The Loadstar.

Source: The Loadstar

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