M&A radar: Let the good logistics times roll – CAI $2.9bn takeover
It gets better with each passing day.
China International Marine Containers Group Co. and Midea Group Co. are among suitors entering into the next round of bidding for A.P. Moller-Maersk A/S’s refrigerated container business, which could be valued at as much as $1 billion, people with knowledge of the matter said.
US air conditioning giant Carrier Global Corp. and transport temperature-control systems manufacturer Thermo King Corp. are also proceeding into the second round, the people said. Japan’s Daikin Industries Ltd. and buyout firm Triton were invited ...