Comment / Analysis: seems like Groundhog Day for CMA CGM's promised IPO

CMA CGM Benjamin Franklin 3bis (3)

By Alessandro Pasetti

02/06/2017

Like some sort of addictive, recurring déjà vu, I find myself once more wondering whether CMA CGM is preparing for a long-waited (and even longer-promised) initial public offering (IPO).

A solid set of results announced earlier this month has a lot to do with that.

Sources

Before this week’s bank holiday, I tried to find consensus on the matter among my banking contacts. “The Saade family will try to get it done by the end of the year,” one equity capital markets (ECM) banker ...

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Topics

CMA CGM Financial footings Initial public offerings

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