MSC buys controlling stake in Ukraine's Yuzhny box terminal
MSC is reported to have expanded its European port network this week, acquiring a majority ...
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KNX: TIME TO SAY GOODBYEODFL: SET THE BAR HIGHBA: PIPELINEBA: SUPPLY CHAIN TESTAMZN: AI WAVESDHL: THE FRENCH CONNECTIONJBHT: MIND THE SPREADMAERSK: GAUGE THE UPSIDE DSV: UP AND DOWNCHRW: FIRST OF ITS KINDMFT: TAKING PROFIT
PRESS RELEASE
Following Bolloré SE’s press releases of March 31 and December 1, 2022, Bolloré SE announces the completion of the sale to the MSC Group of 100% of Bolloré Africa Logistics, bringing together all of the Bolloré Group’s transport and logistics activities in Africa, based on an enterprise value net of minority interests of €5.7 billion. The sale price of the shares amounted to €5.1 billion, plus €600 million in repayment of current accounts.
The Bolloré Group will maintain a significant presence in Africa, notably through Canal+, and will also continue its development on this continent in many sectors such as communication, entertainment, telecoms and publishing.
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