CMA CGM Group in talks to buy Bolloré Logistics for €5 billion
Bolloré Group and CMA CGM engaged in exclusive talks for deal to be announced on or about May 8, 2023
CMA CGM Group’s strategy is to offer end-to-end solutions in support of its customer’s supply chain needs. "If a deal is reached, the acquisition would further strengthen the CMA CGM Group logistics activities."
MSC had earlier acquired Bolloré Africa Logistics for €5.7 billion, and rebranded it Africa Global Logistics
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