C.H. Robinson to acquire RXO for $17.25 cash plus 0.856 shares each
C.H. Robinson announced Monday morning that it will acquire RXO, offering shareholders $17.25 in cash and 0.856 of its shares for each RXO share. Based on Friday’s closing C.H. Robinson share price of $157.72, the deal values each RXO share at about $30.25.
Following the announcement, C.H. Robinson’s shares slipped 4.89% in pre‑market trading to $150, while RXO’s stock jumped 21.86% to $28.49, reflecting investor reaction to the agreed consideration. The consideration consists of $17.25 in cash plus 0.856 of a C.H. Robinson share for each RXO share, which values each RXO share at roughly $30.25 based on Friday’s C.H. Robinson close of $157.72. C.H. Robinson, identified as the nation’s largest third‑party logistics provider, will integrate its global forwarding and managed transportation units with RXO’s trucking brokerage and expedited‑last‑mile business. The combined entity expects to offer customers a denser, multimodal network that spans more geographic regions and includes a broader range of service types such as expedited and last‑mile delivery. By bringing together the two companies’ complementary networks, C.H. Robinson aims to accelerate growth and increase penetration across all transportation modes and segments. The deal’s timing followed a period of strong upward stock movement for RXO on Thursday and Friday, which the article noted may have foreshadowed the announcement. C.H. Robinson said the combination will create a more comprehensive offering for customers across a larger and denser network.
What we know
C.H. Robinson is the country’s biggest 3PL.
The transaction was announced Monday morning.
RXO shareholders will receive $17.25 per share in cash and 0.856 shares of C.H. Robinson for each RXO share.
The deal values each RXO share at $30.25 based on Friday’s closing C.H. Robinson price of $157.72.
After the announcement, C.H. Robinson’s pre‑market shares fell 4.89% to $150 and RXO’s shares rose 21.86% to $28.49.