M&A radar: Waiting for a PIL deal, Santa comes early for CMA CGM, Hapag & Zim

October 15, 2020 Alessandro Pasetti

It’s not an epic fantasy trilogy but reality now, as two carriers’ celebrations that started last week enlarged to include a new cheerful member, Israel’s Zim, switching to full binge mode in the past 48 hours.
Now read this (emphasis in bold added):
“CMA CGM is taking advantage of strong shipping markets to sell €525m of new bonds to replace existing bond debt which falls due on 15 January next year. The new ...

The post M&A radar: Waiting for a PIL deal, Santa comes early for CMA CGM, Hapag & Zim appeared first on The Loadstar.

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