01/12/2015at 15:01

CMA CGM negotiating loan for acquisition

The French carrier is in talks with lenders including BNP Paribas, HSBC Holdings and JPMorgan Chase to secure funds for backing a bid on Neptune Orient Line, reports Bloomberg.

BY RITZAU FINANS

French container carrier CMA CGM is allegedly working to raise money for an acquisition of Singapore-based carrier Neptune Orient Line (NOL).

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CMA CGM negotiating loan for acquisition

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Related articles:

French container takeover could be biggest yet

CMA CGM confirms exclusive discussions with Neptune Orient Lines

Consolidation wave to challenge Maersk Line's key trades

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Front page now

Maersk's chief of fleet leaves after 25 years as reshuffling continues

Opinion: Maersk and MSC heading for direct confrontation over customers

New Russia sanctions could eventually leave Europe in drastic need of diesel

DSV denies savings plan but is attentive to costs

Euronav CEO defends decision to retain large dividend

Freight rates out of China continue to plummet

Further reading

DSV sees one advantage of downturn: It will be cheaper to buy competitors

New Russia sanctions could eventually leave Europe in drastic need of diesel

Maersk's chief of fleet leaves after 25 years as reshuffling continues

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