Home / NYT India / CMA CGM to Raise $2 Billion From Port Terminal, Ship Sales to Fund CEVA Deal

CMA CGM to Raise $2 Billion From Port Terminal, Ship Sales to Fund CEVA Deal

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Shipping group CMA CGM said it planned to raise $2 billion (1.5 billion pounds) to help finance its takeover of CEVA Logistics, with half the cash coming from selling port assets to its joint venture with China Merchants Port Holdings Co..


By Reuters from NYT Business Day https://ift.tt/2DhZsPW
CMA CGM to Raise $2 Billion From Port Terminal, Ship Sales to Fund CEVA Deal CMA CGM to Raise $2 Billion From Port Terminal, Ship Sales to Fund CEVA Deal Reviewed by Unknown on November 25, 2019 Rating: 5

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