CMA CGM buys auto logistics firm Gefco as Russia’s RZD, Stellantis exit

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French shipping group CMA CGM said on Friday it has acquired nearly 100% of Gefco, the auto transport company previously co-owned by Russian Railways (RZD) and carmaker Stellantis STLA.MI. CMA CGM had been authorised by the European Commission to acquire Gefco’s capital immediately, pending final approval of the deal expected in the coming months, it …

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