News Update

CMA CGM reinforcing its position in global shipping. Proposed cash acquisition of NOL at SGD 1.30 per NOL share, representing a 49 premium to NOLs unaffected share price, fully financed. Strategic acquisition resulting in combined turnover of USD 22 billion and fleet size of 563 vessels. Complementary geographical strengths enhance the diversity of CMA CGMs trade portfolio and consolidate its position on strategic trade routes. Transaction is unanimously approved and recommended by NOL Board. 8220;Onl.

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News Update

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CMA CGM reinforcing its position in global shipping. Proposed cash acquisition of NOL at SGD 1.30 per NOL share, representing a 49 premium to NOLs unaffected share price, fully financed. Strategic acquisition resulting in combined turnover of USD 22 billion and fleet size of 563 vessels. Complementary geographical strengths enhance the diversity of CMA CGMs trade portfolio and consolidate its position on strategic trade routes. Transaction is unanimously approved and recommended by NOL Board. 8220;Onl.

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This web page gofeed.blogspot.com states the following, "CMA CGM reinforcing its position in global shipping." We saw that the webpage said " Proposed cash acquisition of NOL at SGD 1." It also said "30 per NOL share, representing a 49 premium to NOLs unaffected share price, fully financed. Strategic acquisition resulting in combined turnover of USD 22 billion and fleet size of 563 vessels. Complementary geographical strengths enhance the diversity of CMA CGMs trade portfolio and consolidate its position on strategic trade routes. Transaction is unanimously approved and recommended by NOL Board."

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