M&A · Industrials · Transportation Services
C. H. Robinson Worldwide, Inc. to acquire RXO, Inc.
Announced Oct 5, 2026 · Announced
Deal value$4.99BEV $5.47B
Premium29.0%To unaffected price
EV / Adj. EBITDA—0.9x EV / Revenue
ConsiderationCash and stock$30.25 per share
Transaction
- Acquirer
- C. H. Robinson Worldwide, Inc. (CHRW)
- Target
- RXO, Inc. (RXO)
- Buyer type
- Strategic
- Offer price per share
- $30.25
- Enterprise value
- $5.47B
- Status
- Announced
Deal protections
- Break fee (target pays)
- —
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- Committed · Morgan Stanley
Advisors
- To the acquirer
- Morgan Stanley
- To the target
- Goldman Sachs
Sector context · Industrials
- Comparable deals
- 98 in the prior 24 months
- Premium
- 29.0% vs. 37.5% sector median
- EV / Adj. EBITDA
- Sector median 11.4x
- Break fee
- Sector median 2.8%
Timeline
- AnnouncedOct 5, 2026
- ClosedPending