C.H. Robinson's RXO deal offers cash and CHRW shares. The $30.25 headline uses an October 2 reference average, while the standard payout can change.

Freight forwarding firm C.H. Robinson Worldwide said on Monday it would buy RXO in a stock-and-cash transaction for $5.8 billion, as it looks to strengthen its footprint in North America’s truck brokerage business.

C.H. Robinson Worldwide (NASDAQ:CHRW) said it has entered into a definitive agreement to acquire RXO in a cash-and-stock transaction valued at an enterprise value of approximately $5.8 billion, a deal the company said would expand its logistics offerings, add network density and create an estimated

The S&P 500 Index and Nasdaq Composite were up in late-morning trading Monday, while the Dow Jones I

Transportation technology company C.H. Robinson Worldwide Inc. said Monday it has agreed to acquire freight broker RXO in a stock-and-cash transaction for $5.8 billion, creating a combined company with an enterprise value of over $25 billion.

(Updates with price movement in second paragraph.) C.H. Robinson Worldwide (CHRW) said Monday it

C.H. Robinson agreed to acquire third-party logistics provider RXO in a $5.8 billion stock-and-cash transaction to expand its multi-modal freight.

C.H. Robinson Worldwide (CHRW) has agreed to acquire RXO (RXO) in a cash-and-stock deal worth roughl

RXO shareholders are expected to own 11% of the combined company upon closing.

The standard mix includes 0.0856 C.H. Robinson share per RXO share. Closing is expected in the first half of 2027, subject to stockholder and regulatory approvals.

Cash-only and stock-only elections face proration. Closing is expected in the first half of 2027, subject to stockholder approval and other conditions.