- The USD 968 million cash transaction is expected to close in Spring 2020
- The CMA CGM Group is reducing its debt and continuing to increase its liquidity
- With this operation, Terminal Link reinforces its growth potential and its geographic footprint
The CMA CGM Group signed an agreement with China Merchants Port (CMP) to sell a portfolio of stakes in ten port terminals to Terminal Link, their joint-venture set up in 2013 and owned 51% by CMA CGM and 49% by CMP. The agreement confirms the terms...
https://container-news.com/cma-cgm-ten-port-terminals-terminal-link/