The French shipping group CMA CGM has officially become the sole owner of Fenix Marine Services (FMS) terminal in Los Angeles, after the completion of the acquisition of 90% of the FMS facility.
The agreement was initially announced on 3 November 2021, when CMA CGM confirmed it will pay US$2.3 billion to EQT Infrastructure III, the former owner of the majority stake of the FMS terminal.
With the 10% stake already owned by the Marseille-based company, CMA CGM is now the sole owner of the FMS...
https://container-news.com/cma-cgm-completes-los-angeles-fms-terminal-acquisition/