France’s CMA CGM says eventually will consider listing
By: Reuters | Dec 07 2015 at 04:05 AM | Liner Shipping
SINGAPORE - France’s CMA CGM will eventually consider listing of the combined entity after the acquisition of Neptune Orient Lines and the venue could be Singapore, vice-chairman Rodolphe Saade said.
“Why not Singapore,” Saade told reporters at a news conference, about a future listing.
He said there is always appetite for more deals in the region, but our stomach will be full with NOL.
CMA CGM, the world’s third-largest container shipping firm, made on Monday a S$3.4 billion ($2.43 billion) offer to buy NOL to expand its presence on trans-Pacific routes.