CMA CGM completes Ceva takeover

CMA CGM Group has completed its public tender offer for Ceva Logistics, giving it 97.89% of the outstanding shares in the company on completion, scheduled for 16 April. Marseille-based CMA CGM group said the combined entity would be present in 160 countries, with 110,000 people and with more than $30 billion in revenue. CMA CGM, already one of the world’s biggest shipping lines, would now be able to meet the logistics needs ... [+]

CMA CGM to own almost all Ceva shares

CMA CGM has issued a public tender for all publicly held registered shares of CEVA Logistics on 8 April, giving it a 97.89% stake in the company. Earlier it had also proposed that CMA CGM chairman and chief executive Rodolphe Saadé be elected as CEVA chairman at the AGM on ... [+]

CMA CGM makes ‘friendly’ bid for Ceva

CMA CGM has made a public tender offer of CHF (Swiss france) 30 per share, in logistics and forwarding company Ceva of saying that the Ceva board “is fully aligned with this friendly offer”. The shipping line’s chairman and chief executive Rodolphe Saadé, said the move would allow CMA CGM to ... [+]

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