cma-cgm-bollore
CMA CGM Group has almost completed its acquisition of fellow French company Bolloré Logistics to CMA CGM, after the European Commission has approved the deal in late February.
Transfer of Bolloré Logistics Sweden to CMA CGM remained subject to foreign investment clearance in that country, at the time of writing.
The European Commission’s approval is also conditional on divestment of all Bolloré Logistics' activities in Guadeloupe, Martinique, Saint Martin, and French Guiana ...
[+]
The European Commission has approved CMA CGM’s acquisition of fellow French company of Bolloré Logistics. Approval is conditional on divestment of all Bolloré Logistics' activities in Guadeloupe, Martinique, Saint Martin, and French Guiana; and of a number of assets in metropolitan France linked to these activities.
The Commission said that its ...
[+]
CMA CGM Group is now committed to purchase Bolloré Group’s transport and logistics operations after granting it a ‘put’ option to the Bolloré Group to sell its transport and logistics operations.
A put option gives the seller the right, but not the obligation, to sell a stock at a specific price ...
[+]
