News / CEVA set to secure its financial future but sustains a blow to reputation

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While market speculation about the future of CEVA Logistics has reached fever pitch, both analysts and the company itself have moved to quell rumours of its imminent demise after its refinancing programme appears to have been successful. However, question marks remain over whether the company will have sustained any long-term damage, either financially or in terms of its reputation.

At the end of last week, CEVA, which is owned by US private equity fund Apollo Global Management, announced that its debt-to-equity ...