XPO Logistics Raises $3.26 Billion in Debt and Equity
Greenwich-based XPO Logistics Inc is raising a total of US$ 3.26 billion in new debt and equity. Institutional investors are attracted to logistic companies. Singapore’s GIC Private Limited bought a huge stake in Indcor Properties from the Blackstone Group. Part of the massive capital raise will be used to fund XPO’s acquisitions, as the company’s purchase of France’s Lyon-based Norbert Dentressangle SA for US$ 3.53 billion in April 2015 is still pending. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute