CMA CGM to acquire Bolloré Logistics from Bolloré for €5bn.

CMA CGM, a French container transportation and shipping company, offered to acquire Bolloré Logistics, the transport and logistics business unit, from Bolloré, a transportation company, for €5bn. "The negotiations were in line with its long-term strategy, based on the two pillars of shipping and logistics. If a deal is reached, the acquisition would further strengthen the CMA CGM Group logistics activities," CMA CGM.