C.H. Robinson Worldwide (CHRW) Tests Its Valuation After The RXO Deal

C.H. Robinson Worldwide (CHRW) put M&A back in focus after agreeing to acquire RXO in a stock and cash deal valued at about $5.8b, aiming to combine global forwarding with RXO’s North American brokerage platform. The RXO announcement lands after a sharp 90 day share price decline of 27.58%, even though C.H. Robinson Worldwide has delivered a 1 year total shareholder return of 15.3% and an 81.25% total shareholder return over three years. This points to long term momentum but fading near term...