Control of Wilson Sons could boost MSC dominance in Brazil
MSC’s acquisition of Brazilian operator Wilson Sons has raised eyebrows among forwarders in the region, ...
Today’s news concerning CMA CGM and CEVA Logistics is, perhaps, unexpected – but the French carrier can always blame the law of unexpected consequences after it emerged that, according to provisional results, it now controls about 89.5% of CEVA Logistics.
First reaction: too many investors tendered their shares. CMA CGM already owned 50.6% of CEVA before launching its offer at Sfr30 a share to buy out the minorities (all others), but did not necessarily need to secure an additional ~ 39% holding (also for is own ...
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