French shipping group CMA CGM will acquire a 48% stake in Santos Brasil, a major Brazilian multi-terminal operator.
The CMA CGM Group announced the signing of a definitive and irrevocable agreement to buy a c.48% stake in Santos Brasil Participações S/A from funds managed by Opportunity.
“I am pleased that the CMA CGM Group has concluded this strategic agreement for the acquisition of Santos Brasil, which operates five terminals in Brazil, including the largest container terminal in the Port of...
https://container-news.com/cma-cgm-buys-significant-stake-in-santos-brasil/