XPO Solidifies North American Position in Logistics Market With $3B Cash and Debt Deal for Con-Way

| August 25, 2016

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Marking the latest in a string of deals this year so far, XPO Logistics Inc. (XPO) announced late Wednesday a $3 billion cash and debt deal to acquire Con-Way Inc. (CNW). Terms of the deal call for Greenwich, Conn.-based XPO to pay $47.60 per share for Con-way, a premium of 32% to the target's Tuesday close.

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South Western Railway

South Western Railway is a FirstGroup and MTR company, focused on delivering improvements for you, our customers. As well as providing our employees with the right training and tools for their jobs to deliver the best possible customer experience, we’ll also be investing over £1.2 billion over the next 7 years. This will provide more capacity with new trains, a train refurbishment programme and station improvements, and new ticket options to save you time and money.

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Spotlight

South Western Railway

South Western Railway is a FirstGroup and MTR company, focused on delivering improvements for you, our customers. As well as providing our employees with the right training and tools for their jobs to deliver the best possible customer experience, we’ll also be investing over £1.2 billion over the next 7 years. This will provide more capacity with new trains, a train refurbishment programme and station improvements, and new ticket options to save you time and money.

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