Updated Version 2 - C.H. Robinson to Acquire Freight Brokerage Company RXO for $5.8 billions
路透社2026/10/05 12:56Reuters, October 5 – Freight forwarding company C.H. Robinson Worldwide (CHRW.O) announced on Monday that it will acquire RXO (RXO.N) in a stock-and-cash deal valued at $5.8 billions, aiming to strengthen its position in the North American truck brokerage sector. The merged logistics giant, which will have a combined market capitalization of $25 billions, will primarily integrate the technology-driven truck brokerage firm into C.H. Robinson's North American surface transportation business, a division that accounts for over two-thirds of its revenue. RXO also offers transportation management and last-mile delivery services. Its shares surged about 20% in premarket trading, while C.H. Robinson’s stock dropped nearly 12%. RXO shareholders will receive $17.25 in cash and 0.0856 shares of C.H. Robinson stock for each RXO share, valuing RXO at $30.25 per share, a 29% premium to its closing price last Friday. This transaction will expand C.H. Robinson’s “last mile” delivery coverage in the U.S. and help it win more large enterprise clients, solidifying its position in a highly competitive truck brokerage market. C.H. Robinson CEO Dave Bozeman said the deal will allow the company to “create a larger, more resilient North American third-party logistics provider.” After the transaction is completed, C.H. Robinson expects to achieve $300 millions in net operating cost synergies within two years and expects the deal to boost adjusted earnings per share within nine months. The deal is expected to close in the first half of 2027, at which point RXO shareholders will own 11% of the combined company. Morgan Stanley & Co. LLC is acting as financial advisor for C.H. Robinson, while Goldman Sachs & Co. LLC is advising RXO. RXO shares have outperformed the broader S&P 500 benchmark over the past year. (For the convenience of non-English speakers, Reuters offers its reports in several automated translations. Automated translations may be inaccurate or lack important context; Reuters does not guarantee their accuracy and makes them available solely for reader convenience. Reuters accepts no liability for any damage or loss arising from the use of automated translations.)
The full text supplements detailed information and background
Reuters, October 5 - Freight forwarding company C.H. Robinson Worldwide (CHRW.O) announced on Monday that it will acquire RXO (RXO.N) for $5.8 billion in a stock and cash transaction, aiming to strengthen its presence in the North American truck brokerage sector.
The merged logistics giant, with a total market value of $25 billion, will mainly integrate this technology-driven truck brokerage firm into C.H. Robinson’s North American surface transportation division, which contributes more than two-thirds of the company’s revenue.
RXO also provides transportation management and last-mile delivery services. Its share price soared about 20% in pre-market trading, while C.H. Robinson's share price dropped nearly 12%.
RXO shareholders will receive $17.25 in cash and 0.0856 shares of C.H. Robinson for each RXO share, valuing the company at $30.25 per share—representing a 29% premium over last Friday’s closing price.
This transaction will expand C.H. Robinson’s “last mile” delivery coverage in the United States and help it win more large corporate clients, further consolidating its position in the highly competitive truck brokerage market.
C.H. Robinson CEO Dave Bozeman stated that this deal will allow the company to “build a larger, more resilient North American third-party logistics provider.”
Upon completion, C.H. Robinson expects to achieve $300 million in net operating cost synergies within two years, and anticipates that the deal will increase adjusted earnings per share within nine months.
The transaction is expected to be completed in the first half of 2027, at which point RXO shareholders will own 11% of the combined company.
Morgan Stanley & Co. LLC is serving as financial advisor to C.H. Robinson, while Goldman Sachs & Co. LLC is acting as financial advisor to RXO.
(For the convenience of non-English speakers, Reuters provides automated translations of its reports in several other languages. As automated translations may contain errors or may not include the required context, Reuters does not guarantee the accuracy of such translated texts and provides them solely for reader convenience. Reuters assumes no responsibility for any damages or losses resulting from the use of automated translation functions.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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