Port News & Information Mediterranean, Black & Caspian Seas

Swiss CEVA’s board rejects takeover bid by CMA CGM

Posted on

Marseille, France (Ports Europe) January 28, 2019 – Swiss CEVA Logistics has recommended shareholders not accept a SwFr 30 ($30.24) per share tender offer from CMA CGM for the remaining shares the French company does not already own. Marseilles-based CMA CGM offered 30 francs per share in cash, less dilution effects such as any dividend…

Subscribe or log in to continue reading
PortSEurope offers an English-language daily coverage from over 200 ports in the Mediterranean, Black and Caspian Seas as well as a fully indexed and easily searchable database with more than 15,000 articles.

Subscribe to weekly news

We keep you informed on the top European port news.