los angeles termimal

Nov 3, 2021

CMA CGM Group to acquire 90% stake in Los Angeles terminal

French shipping company CMA CGM Group, whose U.S. headquarters are in Norfolk, announced Wednesday that it has signed an agreement to acquire a 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles, based on an enterprise value of $2.3 billion. CMA CGM is funding the $1.8 billion acquisition from its own funds. […]

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los angeles termimal

CMA CGM Group to acquire 90% stake in Los Angeles terminal

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