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Following exclusive negotiations, which began at the end of last year, MSC subsidiary Shipping Agencies Services (SAS) and Clasquin Group have reached agreement that will see SAS acquire a 42% stake in the French forwarder, with a view to purchasing the remaining capital on the stock market.

The shareholding is currently in the hands of chairman Yves Revol and Lyon-based private equity firm Olymp.

SAS has offered just over €142 per share, which is slightly more than the €130-€140 anticipated by financial ...

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