Home $700M investment boosts XPO Logistics' targetsvisit|article-5757191|mobile_home_category_body-1685|4
 

Keywords :   


$700M investment boosts XPO Logistics' targetsvisit|article-5757191|mobile_home_category_body-1685|4

2014-09-16 23:09:16| 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 logistics boosts 700m

Category:Transportation and Logistics

Latest from this category

All news

24.11Eastern North Pacific Tropical Weather Outlook
24.11Atlantic Tropical Weather Outlook
24.11Atlantic Tropical Weather Outlook
24.11Eastern North Pacific Tropical Weather Outlook
23.11Atlantic Tropical Weather Outlook
23.11Eastern North Pacific Tropical Weather Outlook
23.11Eastern North Pacific Tropical Weather Outlook
23.11Atlantic Tropical Weather Outlook
Transportation and Logistics »
24.11
24.113DSLL
24.11
24.11
24.11
24.11logicool flight switch panel
24.11Z
24.11 126
More »