Home Depot held internal discussions to buy XPO Logistics: Recode

By Reuters

December 22, 20177:50 PM UTCUpdated ago

(Reuters) - Home Depot Inc has held internal discussions in recent months to buy XPO Logistics Inc, one of the largest publicly traded U.S. freight-hauling and logistics companies, technology news website Recode reported on Friday, citing an unnamed source.

FILE PHOTO: A Home Depot store is seen in Long Beach, California, U.S., September 8, 2016. REUTERS/Lucy Nicholson/File Photo Purchase Licensing Rights, opens new tab

Shares of XPO touched a record high at $86.80, while Home Depot shares were marginally down at $187.93. (bit.ly/2kFZ0lX)

Representatives for Home Depot and XPO declined to comment.

Reporting by Pranav Kiran in Bengaluru; Editing by Arun Koyyur

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Home Depot held internal discussions to buy XPO Logistics: Recode

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