C.H. Robinson Worldwide agreed to buy truck broker RXO for $5 billion in cash and stock, a 29% premium. RXO shares surged 22% premarket; C.H. Robinson fell 11%. The deal creates a logistics company with enterprise value over $25 billion. Synergies of $300 million targeted within two years of closing in H1 2027.
Expected net run-rate cost synergies: $300 million within two years
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