Readying for Europe's earnings season – 'it's all about guidance'
And even that needs a bit of help…
© Khunaspix Dreamstime.
DSV may now launch a hostile takeover bid (see today’s Market Insight) for CEVA Logistics, after the 3PL yesterday signed a new “strategic partnership” deal with major shareholder CMA CGM
It’s a complex deal on paper, but essentially shows all the signs of agreement for the carrier to build up its stake in CEVA to a majority, protecting it from the advances of Denmark’s DSV.
The deal is being presented as CEVA taking over the nascent logistics activities of CMA CGM “at a price to be agreed upon (failing agreement to ...
Comment on this article