Comment / Supply chain radar: CMA CGM CEO Rodolphe Saadé and 'the power of deal-making'

Rodolphe Saade

“CMA CGM has finalised the terms of its sale of 10 terminals as it seeks to reduce its enormous debt burden. The French carrier said it would receive $968m in cash for the transfer of 10 facilities owned by the line to Terminal Link, a joint-venture. in which it holds 51% and Chinese port operator China Merchants the remaining 49%.” The Loadstar, 23 December 2019. 

I apologise if you are already up to speed with the latest divestments of the French ...