Ho Chi Minh City
© Pipop Boosarakumwadi

You could forgive industry veteran Jim Crane having a wry smile at the predicament private equity firm Apollo Global Management faces with CEVA Logistics.

As The Loadstar reported last week, Apollo is rumoured to be considering offloading all or part of the troubled CEVA, a company it created in 2007 after a hostile takeover bid resulted in it outbidding Crane to secure ownership of EGL, a logistics firm he had built from scratch.

Fast- forward to 2016 and, as Apollo looks to cut its ...

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