Tuesday, July 10, 2018

CMA CGM receives regulatory approvals for its investment in CEVA

CMA CGM receives regulatory approvals for its investment in CEVA  Logistics

July 11, 2018: CEVA, one of the leading asset-light third-party logistics providers has announced that CMA CGM S.A. has obtained all regulatory approvals required in connection with its investment in CEVA and will become a regular 24.99 percent shareholder in CEVA.CMA CGM, a leading container shipping group, made a strategic investment in convertible securities issued by CEVA in a concurrent private placement at the time of CEVA's initial public offering on the SIX Swiss Exchange

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