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Tag: cgm
CMA CGM to delist NOL from SGX-ST after gaining 90% ownership
2016-06-29 01:00:00| Ship Technology
French container shipping firm CMA CGM will delist its share in Neptune Orient Lines (NOL) from the main board of Singapore Exchange Securities Trading (SGX-ST) after it crossed the 90% ownership threshold in the company.
Tags: ownership
gaining
cma
cgm
CMA CGM and PSA finalise container terminal joint venture in Singapore
2016-06-16 01:00:00| Ship Technology
French container transportation and shipping company CMA CGM, along with PSA Singapore Terminals (PSA) will establish a joint venture company, CMA CGM-PSA Lion Terminal (CPLT).
Tags: joint
singapore
terminal
venture
CMA CGM assumes 78.07% control over NOL
2016-06-13 01:00:00| Ship Technology
France-based container shipping company CMA CGM has acquired the controlling stake of around 78.07% of all Neptune Orient Lines' (NOL) shares from its majority shareholders, led by Singapore Government investment arm Temasek Holdings for around $2.5b
CMA CGM proceeds with $2.4bn offer to acquire NOL
2016-05-31 01:00:00| Ship Technology
French container shipping company CMA CGM has confirmed its intention to acquire Singapore-based global container shipping firm Neptune Orient Lines (NOL) in an all-cash voluntary conditional general offer for all outstanding shares.
Tags: offer
proceeds
acquire
cma
CMA CGM receives European Commission approval to acquire Neptune Orient Lines
2016-05-03 01:00:00| Ship Technology
CMA CGM, a container shipping firm, has secured approval from the European Commission to acquire Neptune Orient Lines (NOL), in Southeast Asia.
Tags: lines
european
commission
approval