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Wincanton plc
WIN.UK
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UK's Unite Says About 200 Drivers Of Wincanton Win 5% Pay Rise

July 1 (Reuters) - UK's Unite:* UK'S UNITE: ABOUT 200 DRIVERS OF WINCANTON WINS 5% PAY RISE, ADDITIONAL £1,000 PAYMENT AND ACCESS TO PRIVATE HEALTHCARE SCHEME Source text: Further company coverage:

Reuters·
UK
WIN
0.00%
Reuters·
UK
WIN
0.00%

Why GMS Stock Is Soaring Today

GMS stock surged 26% following an unsolicited acquisition proposal from QXO, valuing the company at $5 billion or $95.20 per share, a 27% premium. QXO, led by M&A expert Brad Jacobs, aims to build a $50 billion business and has set a response deadline of June 24. Home Depot has also reportedly made an offer, though details are unclear. With two potential bidders, GMS's sale price may exceed the initial offer, but investors are advised to be cautious due to the already high market valuation of GMS shares.

Motley Fool·
US
GMS
0.00%
Motley Fool·
US
GMS
0.00%

GXO Logistics Inc. Secures UK Regulatory Approval for Wincanton Acquisition, Raises 2025 Financial Guidance

GXO Logistics Inc. has received UK regulatory approval for its acquisition of Wincanton, contingent on divesting a few grocery contracts. This allows for the integration of most of Wincanton's business starting in Q3. The companies can also collaborate on aerospace and defense tenders immediately. Following this, GXO has raised its 2025 financial guidance for organic revenue growth, adjusted EBITDA, and adjusted diluted EPS, anticipating synergy benefits from the acquisition.

Reuters·
US
GXO
-0.23%
UK
WIN
0.00%
Reuters·
US
GXO
-0.23%
UK
WIN
0.00%

Wincanton adds dozens of electric trucks to fleet

Wincanton, a UK logistics firm, has added 24 new electric lorries to its fleet as part of its decarbonisation efforts. The vehicles, sourced from DAF, Volvo, and Renault, will operate over 40 tonnes and be fully operational this summer. Wincanton is also establishing depot-based charging hubs in collaboration with Voltempo and Gridserve. This initiative supports major clients like JD Sports and IKEA, contributing to the Zero Emission HGV and Infrastructure Demonstrator (ZEHID) programme, backed by UK government funding.

electrive·
UK
WIN
0.00%
electrive·
UK
WIN
0.00%