UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATIONPurchase Agreement • September 9th, 2024 • RXO, Inc. • Transportation services
On June 21, 2024, RXO, Inc. (“RXO” or the “Company”) entered into a Purchase Agreement (the “Agreement”) with United Parcel Service of America, Inc. (“UPS”), UPS Corporate Finance S.À R.L. (“UPS Lux”) and UPS SCS (UK) LTD. (“UPS SCS” and, together with UPS and UPS Lux, the “Sellers”), pursuant to which RXO agreed to purchase (the “Acquisition”) the Sellers’ technology-driven, asset light based truckload freight brokerage services business, as well as certain assets used to conduct haulage, dedicated transport and warehousing services in the United Kingdom (collectively, “Coyote”).
