GXO Logistics makes rival bid for UK's Wincanton

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Feb 29 (Reuters) - U.S.-based warehousing firm GXO Logistics on Thursday made a rival bid for UK peer Wincanton valued at about 762 million pounds ($965 million).

GXO's offer, which valued Wincanton at 605 pence per share, is about 26% higher than the 480 pence per share rival bid made by CEVA Logistics. ($1 = 0.7896 pounds) (Reporting by Yadarisa Shabong in Bengaluru; Editing by Savio D'Souza)

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