News / Despite market rumours, CEVA says there is no deal on the table

CEVA has scotched rumours that it is shortly to be taken over.

Despite persistent market speculation, fanned by a recent cancellation of a CEVA management appearance at a securities conference, the company has denied any deal is imminent.

Instead, the 3PL is “focusing on improving its business, increasing market share and becoming a much better company”, which, it says, naturally attracts market interest.

From recent market movements, it seems that despite limited trading opportunities, there is demand from debt and equity investors, The Loadstar ...