Comment / M&A radar: Short odds on Gefco as a war casualty – spare change could do it

In the past couple of years, logistics has been waiting for its redemption child from Europe, France’s Gefco, to be adopted by new parents on either side of the Atlantic.

While it couldn’t be done during normal markets, however, it’s entirely possible that the Russia-Ukraine war could facilitate it. Either by finding a willing buyer or, dare we think it, the abrupt seizure of the 75% stake owned in Gefco by the Russians.

That would be something.

Whether likely or not, since Friday ...