Bolloré bounce boosts CMA CGM Q2 revenues, but job worries persist
CMA CGM Group has announced a “robust performance” in the second quarter, with revenues up ...
“Panalpina in serious negotiations for a sizeable takeover”– Mr Benchmark.
I do not believe Swiss 3PL Panalpina is ready to grow inorganically by striking a large deal, such as one worth $1bn or more.
M&A could easily backfire, given likely execution risk, as large acquisitions are not in its DNA. Still without clear board leadership, it could self-harm its market valuation, if investors, as is likely, don’t digest a sizeable deal.
Surely, it is time to grow, one way or another. Hence, organically, which ...
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