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By Guy Taylor It has been announced that the UK competition regulator will investigate logistics firm GXO’s £764m acquisition of Wincanton. The CMA issued an initial order to both companies on Wednesday afternoon as part of the probe. Wincanton was the subject of a short bidding war between GXO, which owns Clipper Logistics, and the French container shipping firm CMA CGM in February and March. CMA CGM, which tabled an offer of £605m, ultimately dipped out of its pursuit after GXO upped the stakes despite backing from Wincanton’s top brass. Management waved through the deal at the beginning of …

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