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Shipping Line CMA CGM Offers to Buyout Shareholders of Logistics Firm

31/10/2018 09:52:23    Author TNC    29

 

French container shipping operator CMA CGM SA launched an offer to buy all of European transportation-management company Ceva Logistics AG at 30 Swiss francs ($30.1) per share, advancing an effort to add revenue stream from freight logistics beyond the company’s core ocean transportation business.
The offer comes as shipping lines are taking in a bigger part of their customers’ supply chains by moving into inland transportation and freight management, outside the traditional scope of basic port-to-port transport.
 

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