Business, Forwarding, Freight News, Logistics

Ceva to launch IPO

[ April 9, 2018   //   ]

CEVA Logistics is to launch an initial public offering (IPO) of around 1.3bn Swiss francs (about £960m) on the Swiss SIX Exchange. It said the objective was to accelerate the company’s growth and margin expansion strategy by strengthening the balance sheet. CEVA expects to list in the second quarter of 2018, subject to market conditions.