CMA CGM now owns more than 90 percent of NOL

The French container carrier will soon be ready to de-list NOL from the Singapore Stock Exchange. The shareholders in NOL have until July 18th to accept the purchasing offer.

Photo: PR-foto/CMA CGM

French container carrier CMA CGM now owns more than 90 percent of the shares in Neptune Orient Lines (NOL) after the company made it's offer to buy the Singaporean carrier.

CMA CGM presented a purchasing offer on June 6th of 1.3 Singapore dollars per share in NOL and has since obtained an owner's share of 90.68 percent of NOL's total share capital.

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