NOL shareholders have one month to get on board

Singapore's governmental investment unit, Temasek Holdings, the current majority shareholder in Neptune Orient Lines (NOL), has accepted the offer from French CMA CGM. This puts CMA CGM's share in NOL at 78.07 percent.

BY RITZAU FINANS

The merger between CMA CGM and NOL is approaching. Singapore's state-run investment department, Temasek holdings, which is majority stakeholder in Neptune Orient Lines (NOL), has accepted the offer from France's CMA CGM. The move will give CMA CGM a at 78.07 percent stake in NOL, informs Neptune Orient Lines in a press release.

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