Comment / On the wires: CMA CGM IPO – is the 'right time' approaching at last?

“CMA CGM takes a position in Wing to support the growth of an innovative urban logistics service dedicated to e-commerce.” – Reuters, 29 October. 

Unrelated, but more important to get started with here, the fall and rise of the traded debts of CMA CGM across several maturities – 2021, 2022, and 2025 – has been inexplicable to many banking sources in the past few weeks.

Judging by the latest remarks I gathered, even CMA CGM management doesn’t seem to be able to explain ...