CMA CGM will be $ 2.4 billion acquisition of NOL
- Date: Jun 02, 2016
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- Categories: News
France to fly vessels (CMA CGM) recently quoted $ 2.4 billion acquisition of Singapore’s NOL ready.
France to fly vessels (CMA CGM) May 30 said it plans to buy a share of 1.3SGD NOL will continue their published last December. The company plans to announce after the May 30 announcement of the offer document quotes as soon as possible.
France to fly vessels (CMA CGM) to achieve with Temasek and irrevocable commitment to relevant units, 66.78% of the shares sold to the upcoming NOL CMA CGM, the French shipping company and from the open market gradually gained the Singapore company 10.64% of the shares. This means that once the irrevocable commitment One began to perform, CMA CGM actually have a 77.42% stake, NOL will unconditionally accept the offer.
France to fly vessels (CMA CGM) in the quotation bulletin said: “The combination of CMA CGM and NOL One will become a powerful and dynamic new company, consolidated Group’s customers will get a bigger One more balanced coverage of global trade strategy shipping networks, and extending products and services. “