March 9, 2020 / 6:15 AM / a month ago

BRIEF-XPO Logistics To Acquire Majority Of Kuehne + Nagel UK Contract Logistics Operations

March 9 (Reuters) - XPO LOGISTICS EUROPE SA:

* XPO LOGISTICS TO ACQUIRE MAJORITY OF UK CONTRACT LOGISTICS OPERATIONS FROM KUEHNE + NAGEL

* THE TRANSACTION IS EXPECTED TO CLOSE IN THE SECOND HALF OF 2020

* ACQUISITION WILL EXPAND XPO’S CONTRACT LOGISTICS OFFERING IN THE UK WITH COMPLEMENTARY EXPERTISE, 75 FACILITIES AND A BLUE-CHIP CUSTOMER BASE Source text: bit.ly/2wBnupb Further company coverage: (Gdansk Newsroom)

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