Picking apart the DHL-Evri UK e-commerce deal
It’s all about scale
© Hieronymusukkel & CEVA
By Alex Lennane
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 ...
Comment on this article
Frederik deCockBuning
March 19, 2019 at 7:14 pmGood try , but no chance , too late to turn the tide for this carrier.
You need extreme courage & resources to go for the ultimate change .