We advised the underwriters on the SEC-registered stock offering

Davis Polk advised the representatives of the underwriters in connection with the $794 million offering of 5,750,000 common shares of XPO’s common stock, which includes 2,875,000 shares sold by XPO and 2,875,000 shares sold by a selling stockholder, Jacobs Private Equity, LLC. The shares of common stock are listed on the New York Stock Exchange under the ticker symbol “XPO”.

XPO provides cutting-edge supply chain solutions to the most successful companies in the world, with two business segments: transportation and logistics. The company helps more than 50,000 customers manage their supply chains most efficiently, using a network of 1,621 locations in 30 countries and approximately 140,000 team members, including 108,000 employees and 32,000 temporary workers. The company’s corporate headquarters are in Greenwich, Connecticut.

The Davis Polk corporate team included partner Yasin Keshvargar and associates David Li, Jordyn Giannone, Michael Stromquist and Dana Sorbi. Partner Ethan R. Goldman and associate Bree Gong provided tax advice. All members of the Davis Polk team are based in the New York offices.

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