FRENCH shipping giant CMA CGM’s subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan’s logistics arm, Borusan Tedarik Zinciri Cozumleri ve Teknoloji, for US$440 million, according to a filing by the Turkish company. Borusan Yatirim said in the exchange filing that the price was subject to ordinary net cash and working capital adjustments, adding that the deal was subject to approval from competition authorities and other relevant regulatory bodies,...