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Feb 29 (Reuters) - U.S.-based warehousing firm GXO Logistics GXO.N on Thursday offered to buy UK peer Wincanton WIN.L for about 762 million pounds ($965 million), topping an offer by CEVA Logistics.
GXO's offer of 605 pence per Wincanton share is about 26% higher than CEVA Logistics' offer of 480 pence per share.
Wincanton's shares jumped as much as 18.8% to a record high of 605 pence.
CEVA Logistics, a unit of French shipping firm CMA CGM, first made a 450-pence-per-share bid for Wincanton, before upping its offer earlier this week.
Wincanton, which had recommended CEVA's "increased and final" offer on Monday, did not immediately respond to a Reuters request for comment. ($1 = 0.7896 pounds)
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Savio D'Souza)
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