XPO Logistics Raises $3.26 Billion in Debt and Equity

Posted on 06/01/2015


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 […]