CMA CGM controls 89.5 pct of Ceva Logistics after tender

CMA CGM controls 89.5 pct of Ceva Logistics after tender
French shipping group CMA CGM controls just under 89.5 percent of the voting rights in Swiss group Ceva Logistics after a tender offer, according to provisional results announced. CMA CGM’s public tender offer of 30 Swiss francs per share values Ceva at 1.67 billion Swiss francs ($1.66 billion), a price agreed after Ceva rejected a ... read more
Source: Shipping NewsPublished on 2019-03-15
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