CMA CGM buys FedEx Supply Chain unit for $1.4B in cash deal

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CMA CGM buys FedEx Supply Chain unit for $1.4B in cash deal

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French shipping group CMA CGM has acquired FedEx Supply Chain unit in a cash deal valued at $1.4 billion. The acquisition expands CMA CGM's logistics and supply chain capabilities globally.

Markets Deals Shipping CMA CGM FedEx Supply Chain acquisition logistics shipping cash deal

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