Published 1 year ago

Bollore in exclusive talks with CMA CGM over sale of Bollore Logistics

Summary by Ground News

French conglomerate Bollore (BOLL.PA) says it has entered into exclusive negotiations with the French transport and shipping group CMA CGM. Bollore Logistics' offer would give it a five billion euros ($5.49 billion) enterprise value on a cash free and debt free basis.

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Reuters

Bollore 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) (

1 year ago·United Kingdom

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Globo

CMA CGM faz oferta para comprar a Bollore Logistics por US$ 5,5 bilhões

Bollore emprega 15.000 funcionários em 148 países e gerencia centenas de milhares de toneladas de frete aéreo e marítimo para empresas em setores que vão desde saúde até alimentos e bebidas

1 year ago·Brazil

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Financial Post

French shipper CMA CGM offers $5.5 bln for Bollore logistics unit

PARIS -- French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.

1 year ago·Canada

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Bloomberg

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.

1 year ago·United States

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