CMA-CGM Close to Closing NOL Takeover — Panjiva
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CMA-CGM Close to Closing NOL Takeover

Logistics 476 Mergers 220 U.S. 5401

CMA-CGM is in the closing phases of its takeover of Neptune Orient Lines as it begins the process of compulsory buyout of remaining shareholders. The internal focus of the companies during this process may be one reason for declining volumes in the 2Q, according to Panjiva data, with their combined TEUs in U.S. imports falling

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