Comment / CMA CGM set to buy FedEx Logistics to shore up ailing Ceva

ID 57227973 © Dennis Thompson | Dreamstime.com

Happy Wednesdays!

Out y’day on DESKONE under ’Market, M&A’, in case you missed it:

“Just Patrick Moebel prepares to take the helm at Ceva Logistics as new CEO starting next month, growing rumours indicate that the CMA CGM-owned 3PL is negotiating a sizeable logistics acquisition in North America –> more soon, on merit. Any deal would be aimed at rebuilding Ceva after the poor integration of Bolloré Logistics, with key executives of the acquired company having now left Ceva.”

(As we know.)

Now…

The Financial ...