Comment / Canny Mærsk avoids two Bolloré auctions in style

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Let me swiftly help you go through the mental process of why AP Møller-Mærsk’s (APMM) absence from the two separate auctions for Bolloré’s T&L operations* was very smart indeed.

(*From last year, BAL, rebranded as Africa Global Logistics by its new owner, MSC; and now Bolloré Logistics, or BL.)

If by any chance you bumped into the 2022 numbers of the Bolloré group recently, you may have noticed that the TMT conglomerate included €3.15bn in net capital gains from the divestment of Bolloré Africa Logistics (BAL) to ...