Carriers hold off on surcharges as Indian market stays soft
In a sign of scepticism about market behaviour, CMA CGM has pushed back implementation of ...
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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