Business, Logistics

CMA CGM Said Near $2.4 Billion Cash Offer for Neptune Orient

Jochen Eckel/Bloomberg News

French ocean carrier CMA CGM SA is nearing a definitive offer to buy Neptune Orient Lines Ltd. for about S$3.4 billion ($2.4 billion), people with knowledge of the matter said, consolidating its position in an industry facing its worst year since 2009.

December 7, 2015
Business, Logistics

Ocean Carrier CMA CGM Boosts Profit

Jason Alden/Bloomberg News

French firm CMA CGM, the second-largest container carrier, reported a sharp increase in second-quarter results.

September 8, 2015