CMA CGM completes sale of port terminals to Terminal Link

In:

Infrastructure, Transport

Region:

Middle East & Africa, Americas, Asia-Pacific, Europe

Shipping and logistics firm CMA CGM Group has completed the first closing of its agreement with China Merchants Port (CMP) with the sale of its stakes in eight port terminals to its 51%-owned Terminal Link joint venture with CMP. The transaction represents a total all-cash consideration of...

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