Home $700M investment boosts XPO Logistics' targets
 

Keywords :   


$700M investment boosts XPO Logistics' targets

2014-09-16 23:09:17| Logistics - Topix.net

Greenwich-based XPO Logistics, one of the fastest growing providers of transportation logistics in North America, announced last week that it received $700 million in investments, in a deal that the company expects will vastly accelerate growth. The investment comes from PSP Investments, GIC, Singapore's sovereign wealth fund and Ontario Teachers ' Pension Plan, and is scheduled to be completed on Wednesday, at which time the new investors would hold about 22 percent of XPO's common stock.

Tags: investment targets logistics boosts

Category:Transportation and Logistics

Latest from this category

All news

14.11Tropical Depression Nineteen Graphics
14.11Tropical Depression Nineteen Forecast Discussion Number 4
14.11Summary for Tropical Depression Nineteen (AT4/AL192024)
14.11Tropical Depression Nineteen Public Advisory Number 4
14.11Tropical Depression Nineteen Wind Speed Probabilities Number 4
14.11Tropical Depression Nineteen Graphics
14.11Summary for Tropical Depression Nineteen (AT4/AL192024)
14.11Tropical Depression Nineteen Public Advisory Number 3A
Transportation and Logistics »
14.11DX&DX
14.111973
14.11Grand Prix 5000 S TR 25C
14.11PUMA Z 1.2 FG/AG FIRST MILE
14.11.45
14.1163
14.11DVD18
14.11THEE MICHELLE GUN ELEPHANT
More »