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© Hieronymusukkel & CEVA

CMA CGM is shortly to find out what it really means to run a 3PL. 

According to a statement this morning, the French shipping line will soon own close to 100% of the forwarder, which would then de-list from the SIX Swiss stock exchange.

After CMA CGM’s tender offer closes on April 16, it could own some 89% of the shares, which will allow it to implement a “squeeze out”, and Ceva would de-list, probably in the third quarter.

Ceva’s board has recommended ...

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  • Frederik deCockBuning

    March 19, 2019 at 7:14 pm

    Good try , but no chance , too late to turn the tide for this carrier.
    You need extreme courage & resources to go for the ultimate change .