Business, Forwarding, Freight News, Logistics

Ceva rejects fresh CMA CGM bid

[ January 28, 2019   //   ]

Ceva Logistics has rejected a CHF30 per share offer from CMA CGM for the remaining shares in the company, saying that it was too low. The shipping line already holds a major stake in the forwarder, under a deal in which Ceva also acquired 100% of CMA CGM Log, the shipping line’s freight management service.

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