Browsing Tag
C.H. Robinson Worldwide
2 posts
C.H. Robinson (NASDAQ: CHRW) sinks 10.9% as $5.8bn RXO deal puts $300m synergy target on trial
C.H. Robinson is buying RXO in a $5.8 billion stock-and-cash transaction that would create a logistics group worth more than $25 billion. The buyer’s shares fell sharply as the market weighed new debt, paused repurchases and ambitious synergy assumptions against a much larger North American freight network.
H.B. Fuller (NYSE: FUL) receives $1.2bn Ancora bid for Building Adhesives unit
Ancora's $1.2 billion cash bid for H.B. Fuller's Building Adhesives unit forces a governance test after the board's AMS acquisition pushed leverage to 4x.