France’s CMA CGM Offers to Buy Out Other Ceva Shareholders

By Gus Trompiz and Sudip Kar-Gupta PARIS/ZURICH, Oct 25 (Reuters) - French shipping group CMA CGM will offer to buy out other shareholders of Ceva Logistics in a move to reinforce its partnership with the Swiss transport company, possibly resulting in it gaining majority control. CMA CGM, which already owns around a third of Ceva's share capital, said it would launch a … [Read more...]