All CMA CGM articles
-
ArticleCeva strengthens partnership with CMA CGM
Logistics provider Ceva is to take over the freight management business of its major shareholder and strategic partner, the CMA CGM shipping line.The agreement, part of a wider shake up in the relationship between the companies, comes days after Ceva rejected a takeover bid from Danish rival DSV, which has ...
-
ArticleCeva rejects DSV bid and lifts CMA CGM share limit
Ceva Logistics has rejected a takeover bid from Danish rival DSV and lifted a shareholding limit applying to CMA CGM, allowing the French-owned global container logistics giant to potentially increase its share capital in the company.DSV made an offer to buy Ceva for CHF27.75 ($28) per share earlier this month ...
-
ArticleCMA CGM to take 25% stake in Ceva Logistics
International container shipping company CMA CGM has agreed to acquire a 25% share of third-party logistics provider Ceva Logistics, estimated to be worth up to 450m Swiss francs ($458m), in convertible bonds.The deal remains subject to regulatory approval, at which point the bonds can be converted into shares. The deal ...
-
ArticlePrivate equity group EQT buys into terminal at Port of LA
EQT Partners, the Swedish private equity group, has acquired a 90% interest in the Global Gateway South (GGS) terminal at the Port of Los Angeles for $817m.The investment is being made by the EQT Infrastructure III fund which completed a €4 billion ($4.5 billion) fundraising in February.The seller, CMA CGM, ...