So, this morning the following release from Ceva Logistics – in which CMA CGM will end up owning close to a 100% stake eventually – landed into my inbox.

It simply means that the investors who got in touch last Thursday were dead right to point out that a de-listing was on the cards, and that what CMA CGM had promised – that Ceva would remain listed after the tender for the 49.4% it did not already own – was just ...

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