CMA CGA becomes core shareholder of Ceva Logistics

CMA CGA becomes core shareholder of Ceva Logistics

Reuters reports that French container transportation and shipping company CMA CGA now holds 89.47% share capital and voting rights of Swiss Group Ceva Logistics after a tender offer,

According to provisional results announced at the end of last week 21,475,325 Ceva shares were in the tender offer Advertisement.

CMA CGM’s public tender offer of 30 Swiss francs per share values Ceva at 1.67 billion Swiss francs ($1.66 billion), a price agreed after Ceva rejected a takeover bid in October from Danish freight firm DSV.

An additional acceptance period will start on March 20 and run until April 2. ($1 = 1.0044 Swiss francs)

Relevant Directory Listings

Listing image

Retail Robotics

RETAIL ROBOTICS Retail Robotics (RR) is a business technology company that manufactures and delivers robotic parcel lockers to the post and parcel industry – solutions which are transforming the last mile delivery service through the power of automation and convenience. The company is a market […]

Find out more

Other Directory Listings

News Archive



MER Magazine

The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.


P&P Poll


Which PUDO technology supplier is most familiar to you?

Thank you for voting
You have already voted on this poll!
Please select an option!

Pin It on Pinterest

Share This