MergerOct 5, 2026, 08:21 AM
C.H. Robinson to Acquire RXO for $5.8 Billion
AI Summary
C.H. Robinson Worldwide, Inc. announced it will acquire RXO, Inc. in a stock-and-cash transaction valued at $5.8 billion, creating a combined company with an enterprise value exceeding $25 billion. The deal is expected to generate $300 million in net run-rate cost synergies within two years post-close by leveraging C.H. Robinson's Lean AI operating model. RXO shareholders will receive $17.25 in cash and 0.0856 shares of C.H. Robinson common stock per RXO share, with options for all cash or all stock, subject to proration. The transaction is anticipated to be accretive to C.H. Robinson's adjusted EPS and is expected to close in the first half of 2027.
Key Highlights
- C.H. Robinson to acquire RXO for an implied value of $5.8 billion in a stock-and-cash transaction.
- RXO shareholders to receive $17.25 cash and 0.0856 shares of C.H. Robinson common stock per RXO share, or all cash ($30.25) or all stock (0.1992 shares).
- Transaction expected to generate $300 million in net run-rate cost synergies within two years post-close.
- Combined company will have an enterprise value of over $25 billion.
- Expected to be accretive to C.H. Robinson's adjusted EPS within nine months of close and mid-teens accretive in 2028.
- Transaction is expected to close in the first half of 2027, subject to regulatory and shareholder approvals.
Price Impact
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