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This is how much CMA CGM is paying for Ceva Logistics

CMA CGM's wll spend over a billion dollars to acquire Ceva Logistics, writes Alphaliner. The price could increase by another USD 200 million if the remaining shareholders agree to sell.

Photo: PR-foto: CEVA

France's CMA CGM has paid more than a billion dollars for its acquisition of the vast majority of Ceva Logistics.

According to analyst firm Alphaliner, the price for the close to 90 percent CMA CGM now owns of the logistics company comes to USD 1.4 billion. And the price could increase by another USD 200 million if the French shipping line is able to buy the rest of the shares.

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