“As unimaginable as it might seem, it could happen, sure,” the US-based head of a large private equity house told me, while I touched upon the latest market rumours on XPO Logistics. The “3PL could attract interest as soon as Q1 from a trade buyer”, according to another NY-based M&A banker. Wishful thinking, eh?
“It’s officially a takeover target at these levels,” she noted in the wee hours.
“It is levered only 2x forward on 2019 ...
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