Learn more

By Andy Silvester Wincanton, the logistics and warehouse outfit, is the latest firm to leave the London public market and head for private hands. This morning the firm announced it had agreed terms with CEVA Logistics, the French giant, in a £556m deal. The price represents a 52 per cent premium to yesterday’s closing price, well above the once set-in-stone thirty per cent premium firms would expect to receive in take-privates. The deal was confirmed in a statement to markets this morning. CEVA said the deal would allow it to up its offering on contract logistics in the UK and Ireland. The str…

cuu