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CMA CGM piles up on NOL shares

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CMA CGM has acquired in the first two days of this week a total of 2.26 million shares in Neptune Orient Lines (NOL), six months before it is scheduled to make good its S$3.4 billion takeover bid for the Singapore-listed liner.

Singapore

CMA CGM has acquired in the first two days of this week a total of 2.26 million shares in Neptune Orient Lines (NOL), six months before it is scheduled to make good its S$3.4 billion takeover bid for the Singapore-listed liner.

CMA CGM's financial advisers comprising the...

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