Can CMA CGM actually afford to finance the biggest takeover in shipping history?

25/11/2015

As long as due diligence doesn’t uncover nasty surprises and the buyer is able to stump up the asking price, CMA CGM’s purchase of NOL and its APL container arm would represent the largest acquisition in liner shipping history, in terms of capacity.

According to Alphaliner, ...

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Distrait
November 25, 2015 at 3:16 pm
Another scenario could be after Yildirim leaving that Temasek invest in his share and then take control of CMA-CGM to bundle it with NOL/APL…
There is anyway a recurrent maledidiction for french companies that have tried to take over US brands (remember Vivendi / Universal or Renault / Jeep disasters)

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- Mike Wackett
  November 25, 2015 at 4:06 pm
  I like the reverse takeover thinking Distrait – you may have something there!
  
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  - Distrait
    November 26, 2015 at 11:17 am
    Forgot adding ALCATEL / LUCENT to this list
    French and US are best friends because worst business partners
    
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