News / CMA CGM $2.4bn offer for APL accepted in deal to create third-biggest box carrier

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CMA CGM has confirmed its offer of S$3.4bn ($2.4bn) in cash for the 67% stake in the APL container group owned by Temasek has been accepted.

NOL’s shares were suspended this morning on the Singapore Stock Exchange.

Under Singapore law CMA CGM would be required to make ...

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