Top seven box terminal operators now control 40% of global throughput
The global terminal operator (GTO) ‘league table’ changed significantly last year, thanks to busy M&A ...
DHL: DSV PREFERRED CHOICEWTC: ALMOST BORINGHLAG: 'GRI' AND 'GRA' UPDATEKNX: 'HARRIS UPSIDE'R: PRICEY BUT WORTHYGM: AUTO VERTICAL WOESWTC: NEW RECORDDHL: THE DAY AFTERZIM: UNSTOPPABLECHRW: NEW HIGH
DHL: DSV PREFERRED CHOICEWTC: ALMOST BORINGHLAG: 'GRI' AND 'GRA' UPDATEKNX: 'HARRIS UPSIDE'R: PRICEY BUT WORTHYGM: AUTO VERTICAL WOESWTC: NEW RECORDDHL: THE DAY AFTERZIM: UNSTOPPABLECHRW: NEW HIGH
REUTERS reports:
French conglomerate Bolloré, owned by billionaire Vincent Bolloré’s family, is considering selling its African logistics divisions, French daily Le Monde reported on Friday.
Investment bank Morgan Stanley has been hired to gauge the interest of potential buyers, Le Monde reported, citing unidentified sources.
Bolloré and Morgan Stanley declined to comment.
Le Monde said that French shipping company CMA CGM and Danish group Maersk are looking at the assets.
The daily also said that Bolloré’s African logistics activities could be valued between 2 billion euros ($2.3 billion) and 3 billion euros.
Shares in Bolloré were up 2.66% at 0916 GMT.
($1 = 0.8610 euros)
Reporting by Mathieu Rosemain and Gwenaelle BarzicWriting by Matthieu Protard Editing by Jason Neely and Mark Potter.
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