CMA CGM see Q1 profit slump but bets on Bollore bounce
A weaker market ate into CMA CGM’s Q1 with a 7% fall in revenues leading ...
It was in mid-November when senior sources pointed to Bolloré Logistics being on the CMA CGM radar.
You should remember this: ’CMA CGM blockbuster logistics M&A rumoured’.
Now it’s out in the public domain (emphasis in bold added), testifying to how long it may take for a deal to hit the newswires.
“The CMA CGM Group announced today [18 April] that it has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics. The negotiations are in line ...
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