News / Green light for CMA CGM $380m investment in Ceva Logistics

11/07/2018

Shipping line CMA CGM has confirmed its 24.99% stake in 3PL Ceva Logistics after receiving all the necessary regulatory approvals.

The container line made the private placement investment in May as Ceva launched its initial public offering (IPO) on the Six Swiss Exchange.

At an IPO price of Sfr27.50 (US$27.70)per share, CMA CGM’s ...

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