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Bid for NOL: CMA CGM clears Chinese anti-monopoly hurdle

French container shipping group says it expects to announce proposed offer for NOL by June 2 at the latest
Thursday, May 26, 2016 - 05:50
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French container shipping group CMA CGM expects to announce soon its proposed S$3.4 billion acquisition of Singapore-listed Neptune Orient Lines (NOL). This follows its clearance of another hurdle - the receipt of approval from the Anti-Monopoly Bureau of the Chinese Ministry of Commerce.

Singapore

FRENCH container shipping group CMA CGM expects to announce soon its proposed S$3.4 billion acquisition of Singapore-listed Neptune Orient Lines (NOL). This follows its clearance of another hurdle - the receipt of approval from the Anti-Monopoly Bureau of the Chinese Ministry of

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