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CMA CGM to pursue further acquisitions
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 to pursue further acquisitions after Brazilian port operator deal
Cash-rich CMA CGM, the world’s third-biggest shipping group, has been expanding into new areas such as logistics and media, and on Monday said it had agreed to acquire a 48 per cent stake in Santos Brasil, with a view to ultimately taking over the group.
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 acquires 48% stake in Brazil port terminal operator Santos Brasil
French shipping giant CMA CGM has acquired 48 per cent stake in Brazilian port terminal operator Santos Brasil Participacoes, for about $1.15bn
CMA CGM to acquire a 48% stake in multi-terminal operator Santos Brasil
The CMA CGM Group has announced the signing of “a definitive and irrevocable agreement to acquire a c.48% stake in Santos Brasil Participações S/A (« Santos Brazil »)”, a listed Brazilian multi-terminal operator.
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 buys 48% stake in Brazil’s biggest terminal operator
Santos is the largest terminal operator in Brazil. It owns three container terminals in Brazil as well as a vehicle and a liquid bulk terminal and three logistics facilities, CMA CGM said. Its flagship asset is the Tecon Santos terminal, Brazil's largest container handler.
MedPage Today
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One-Year CGM Cleared; Osteoporosis Lawsuits Revived; Chemicals and Early Puberty
The FDA cleared Eversense 365 as the first 1-year integrated continuous glucose monitoring (CGM) system for adults with type ...
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 ...
Medscape
6d
CGM Cuts Hospitalization in T2D, Even in Non-Insulin Treated
Real-world data showed reductions in healthcare resource utilization and improved glycemic control over 1 year with ...
5d
DexCom: Investors Discounting Long CGM Growth Runway
DexCom's revised FY24 sales guidance in the Q2 earnings call led to a $18bn valuation reset. Read why I think DXCM stock is a ...
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 ...
GlobalData on MSN
6d
Senseonics and Ascensia announce FDA approval for one-year CGM system
Eversense 365 is said to be the world's first one-year CGM system, offering a new long-term solution for diabetes management.
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