Xpo logistics completes squeeze-out process for xpo logistics europe

Greenwich, conn., june 10, 2021 (globe newswire) --  xpo logistics, inc. (nyse: xpo) has completed the previously announced buy-out offer and squeeze-out for the remaining 3% of xpo logistics europe, sa shares that it did not already own. the french autoritÉ des marches financiers set the effective date of the squeeze-out as june 4, 2021. the former minority shareholders of xpo logistics europe have and will receive, as part of the buy-out offer and the subsequent squeeze-out, a payment of €315 per share, resulting in a total cash consideration of approximately €108 million.
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