CMA CGM nears $1.4bn deal for FedEx logistics unit

🇫🇷 Financial Times (FR) —

AI Summary

French shipping group CMA CGM is nearing a $1.4 billion deal to acquire FedEx's logistics unit. This acquisition aims to expand CMA CGM's presence in the United States and strengthen its foothold in the global supply chain.

French shipping group aims to expand in US and strengthen foothold in supply chain

Markets Deals Shipping CMA CGM FedEx logistics acquisition supply chain US expansion

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