Shock for CMA CGM as a deputy CEO decides to quit
Air logistics veteran Peter Penseel has quit as deputy CEO of CMA CGM Air Cargo, ...
We don’t normally link to an article in German, but Finanz und Wirtschaft is reporting that CEVA will list on the Swiss stock exchange in May, which will be announced as early as next week. This seems likely to us. This article argues, however, that the price needs to be set low, initially, but could result in a market value, once debt is taken into account, of Chf2bn to Chf2.5bn ($2.1bn to $2.6bn).
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