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CMA CGM acquires TV channel in long-term media investment

The shipping group has the ambition to offer ”highest-quality news” to a growing audience in France.
With the acquisition of Altice Media, CMA GCM's chief exec Rodolphe Saadé wants to create a long-term, high-quality media company. | Photo: Boris Horvat/AFP/Ritzau Scanpix
With the acquisition of Altice Media, CMA GCM's chief exec Rodolphe Saadé wants to create a long-term, high-quality media company. | Photo: Boris Horvat/AFP/Ritzau Scanpix
by JENS THOMSEN

French shipping group CMA CGM, which operates the world’s third largest container shipping company, has agreed to buy French news media BFM TV, according to a press release.

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