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CMA CGM, Santos Brasil
CMA CGM to Buy $1.2 Billion Stake in Brazil Port Operator Before Launching Takeover
The French shipping group agreed to buy a 48% stake in Brazilian terminal operator Santos Brasil Participacoes and plans to acquire the remaining shares as it looks to boost its presence in the country amid increasing demand.
CMA CGM buys 48% of port terminal company Santos Brasil, to launch takeover bid
SAO PAULO/PARIS (Reuters) -French shipping giant CMA CGM plans to launch a full takeover bid for port terminal operator Santos Brasil after it agreed to buy a 48% stake in the company, it said on Monday as it further expands its grip on global shipping infrastructure.
CMA CGM to acquire nearly half of Brazilian port terminal operator
Santos Brasil manages 3 Container Terminals, 1 Vehicle Terminal, 1 Liquid Bulk Terminal, and 3 Logistic Facilities.
CMA CGM to pursue further acquisitions after Brazilian port operator deal
CMA CGM has said it will pursue more acquisitions despite the spectre of higher taxes on large companies in its home market, as the French shipping group announced a $1.1bn investment in a Brazilian port terminal operator.
France's CMA CGM to acquire Brazil's top container terminal in $2 billion deal
By Andre Romani and Gus Trompiz SAO PAULO/PARIS (Reuters) -French shipping giant CMA CGM plans to acquire port terminal operator Santos Brasil in a deal that could reach $2 billion and give it control of South America's largest container terminal,
1d
on MSN
Shipping giant CMA CGM open to French windfall tax, CEO says
Shipping group CMA CGM is ready to contribute to any windfall tax on major companies that the new French government may adopt ...
American Songwriter
9h
Lainey Wilson Shares Her Pick to Win Entertainer of the Year at the 2024 CMA Awards
During a recent interview, reigning CMA Entertainer of the Year Lainey Wilson shared her pick to win the big prize this year.
3d
Beyoncé’s Mother Tina Knowles Slams A ‘Fake’ Viral Reaction To Dolly Parton’s Comment About The CMA Awards ‘Snub’
Beyoncé’s mother Tina Knowles doesn’t hesitate to protect her famed daughter from public ridicule. So, when she issued a ...
JD Supra
8h
CMA Guidance on Environmental Agreements
KEY TAKEAWAYS - The CMA’s Green Agreements Guidance sets out its approach to applying competition law in relation to agreements ...
6d
on MSN
Dolly Parton Reveals What She Thinks About Beyoncé Not Scoring Any CMA Award Nominations with Cowboy Carter
Country legend Dolly Parton is sharing her thoughts on Beyoncé not receiving any CMA Award nominations after releasing her ...
6d
Dolly Parton reacts to Beyoncé's CMA Awards snub
Country music legend Dolly Parton shared her thoughts on Beyoncé receiving zero CMA Awards nominations earlier this month for ...
USA Today
8d
Dolly Parton weighs in on Beyoncé's CMA Awards snub: 'Well, you never know'
Prior to sharing the project with the rest of the world, Beyoncé got candid about creating the 5-year project and alluded to ...
Reuters
1d
France's CMA CGM to acquire Brazil's top container terminal in $2 bln deal
Santos Brasil shares surge 15%
CMA
CGM to pay $1.1 bln for a 47.6% stake in Santos Brasil To launch takeover offer for rest of shares on deal close Initial deal expected to close in Q1, 2025 SAO ...
Sourcing Journal on MSN
5d
LA Port, CMA CGM Say East Coast Strike Unlikely to Pose West Coast Port Disruptions
Neither Gene Seroka nor George Goldman saw evidence that East Coast-bound vessels will be diverted after a possible Oct. 1 ...
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