XPO Logistics has begun raising $3.26bn (£2.1bn) to finance its takeover of Norbert Dentressangle and for other, as yet unspecified acquisitions. The US firm, which last month indicated that its €3.2bn (£2.3bn) acquisition of the French transport and logistics giant could be just the first in a series of takeovers of European companies, has secured an investment by a group of global institutional investors that will raise $1.26bn; and has also announced the issue of $2bn of corporate bonds. XPO […]
XPO Logistics has renewed its contract with crop protection firm Adama Agricultural Solutions.
Knights of Old remains on the hunt for more acquisitions after turnover jumped during the first full year of trading following its integration of the Mainland Group.
Building products manufacturer Timloc has chosen Norbert Dentressangle to manage its nationwide distribution for two years.