Bollore in exclusive talks with CMA CGM over sale of Bollore Logistics
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CMA CGM Offers to Buy Bollore Logistics at $5.5 Billion Value
Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, shows no signs of slowing his protracted acquisition spree, making an unsolicited €5 billion ($5.5 billion) offer to buy Bollore SE’s logistics arm.
·United States
Read Full ArticleBollore in exclusive talks with CMA CGM over sale of Bollore Logistics
PARIS - French conglomerate Bollore said on Tuesday it had entered into exclusive negotiations with the French transport and shipping group CMA CGM regarding the sale of its logistics unit. In a statement, the company said CMA CGM's offer would give Bollore Logistics a five billion euros ($5.49 billion) enterprise value on a cash free and debt free basis. ($1 = 0.9115 euros) (
·United Kingdom
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Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
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R 33%
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