C.H. Robinson to acquire RXO for $5.8 billion
Share
- C.H. Robinson agreed to acquire logistics provider RXO in a transaction valued at $5.8 billion.
- The stock-and-cash buyout offer represented a 29% premium and creates a $25 billion logistics platform.
- The acquiring company stated it expects to generate $300 million in cost synergies through AI integration.
C.H. Robinson (NASDAQ:CHRW) agreed to acquire RXO (NYSE:RXO) in a $5.8 billion stock-and-cash transaction.
The agreement combines two complementary third-party logistics networks to increase overall North American market density.
"This transaction is a natural next step in our transformation," said C.H. Robinson President and Chief Executive Officer Dave Bozeman.
The logistics provider stated that it expects to realize approximately $300 million in cost synergies.
Following the announcement, C.H. Robinson's share price was down at $145.53.
The company stated the combined enterprise will manage an expanded platform supporting global forwarding operations.
The acquiring business stated it plans to fund the cash portion using new debt financing.
Frequently asked questions
More from United States
AbbVie revenue increases 10.3% to $17.4 billion in third quarter
Sensient Q3 revenue rockets 10.6% to $455.8 million
Cameco Q3 adjusted loss reaches CA$2 million as uranium output falls
Kite Realty Q3 loss narrows to $13.3 million as NOI grows
Largo cuts 2026 vanadium production outlook to 9,500–10,500 tonnes
nVent Q3 sales jump 44% as shares fall despite higher revenue
