France’s CMA CGM Favorite in NOL Bid

Posted on November 17, 2015 by | Leave a comment

Updated 2015 11 22

Now it is an exclusive with CMA/CGM.

American Shipper

Source: NEWS FLASH: NOL enters exclusive acquisition talks with CMA CGM | AS Daily Newsletter | AS Daily | American Shipper

 

More gossip about the takeover of NOL.

Shipper Neptune Orient Lines was trading 6.6% higher at $1.135 a share, outperforming the broader index’s 0.8% gain, following news overnight that CMA CGM SA, the French container transportation and shipping company, is emerging as an early favorite to buy the company.

Source: France’s CMA CGM Tipped as Favorite in Neptune Orient Lines Bid – Supply Chain 24/7

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This entry was posted in Managerial Econ, Ports, Shipping, Strategy, Supply Chains and tagged , , , . Bookmark the permalink.

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