CH Robinson (CHRW) surprised the market yesterday, 30 July, disclosing the timely divestment* of its asset-light European brokerage business.
(*Here’s the bullish official statement from the buyer; how much the deal may be worth and structured is here.)
For one thing
Pruning its corporate tree in the wake of a non-core disposal by year-end and instead looking elsewhere to invest in other, more coherent value propositions for its US-centric asset-light portfolio, makes perfect sense.
After …
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