Geodis-Sernam: SNCF arbitrates in complex alliance
French transport minister Jean-Claude Gayssot wants to see a vast logistics branch in France, but this seems a long way off. The acquisition by Geodis of a 15 per cent stake in parcels delivery group Sernam, a subsidiary of railway group SNCF, is still being negotiated and is a small step towards the creation of such a branch.
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