C.H. Robinson Worldwide announces it will acquire freight broker RXO in a deal worth $5.8 billion, announced Monday morning. The transaction is structured as a stock-and-cash combination, according to multiple outlets.
The reports describe the acquisition as one that would expand C.H. Robinson’s presence in freight forwarding and brokerage. Quartz adds that the agreement would create a combined logistics company with enterprise value above $25 billion. FreightWaves notes the timing follows a sharp rise in RXO’s stock over the prior two trading days, with shares up notably on Thursday and Friday before the announcement.
Across the coverage, the main focus is the same—C.H. Robinson buying RXO for $5.8 billion—while outlets vary slightly in emphasis. BNN Bloomberg highlights the dollar value and transaction structure, Quartz underscores the expected combined enterprise value, and FreightWaves points to RXO’s recent market movement ahead of the news.
