ceva truck

Now that a trade sale of CEVA Logistics to oft-rumoured suitor France’s Geodis is unlikely to materialise any time soon, speculation has grown that the private equity-owned 3PL is flirting with using the equity capital markets to fund an ambitious growth plan.

Given favourable IPO trends in the first half of this year, spurred by low volatility, CEVA could be right to tap new investors and pursue a float as early as next year.

One banking source in New York said last ...

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