Shareholder stub offered one last chance to take CMA CGM’s offer before eventual squeeze out and delisting of Ceva shares.
Firm cuts debt load nearly in half, shows single-digit top-line growth in freight management, contract logistics.
European ocean carrier needed approval from continent’s governing anti-trust body before taking offer to public shareholders.
Swiss freight forwarder says 2021 strategic plan should make Ceva worth more as independent company.
Freight forwarder and logistics firm targets 5% annual growth through 2021 thanks to tie-up with CMA CGM.
Assets to be acquired are still unclear, but deal could expand Ceva’s North American and Asian presence.
Shell introduces ultrafast charging stations to Europe; UPS increases capacity at the wake of the holiday season; CMA CGM offers to buyout Ceva Logistics.
Apollo Global Management is reportedly planning to take its subsidiary CEVA Logistics public by April.
