XPO to buy 28 Yellow Corp service centers for $870 mln (updated)

Yellow

05/12/2023 12:14

(Recasts first paragraph, adds details)
       Dec 5 (Reuters) - XPO Inc  XPO.N  said on Tuesday it
will buy 28 service centers of bankrupt trucking firm Yellow
Corp for $870 million.
    It expects the deal to add to core profit in 2024 and
adjusted profit per share from continuing operations in 2025.

 (Reporting by Aishwarya Jain; Editing by Pooja Desai)
 ((Aishwarya.Jain@thomsonreuters.com;))