France's CMA CGM secures bank funding to takeover Temasek-backed NOL

France's CMA CGM secures bank funding to takeover Temasek-backed NOL

French shipping giant CMA CGM has obtained firm commitments from banks to finance the takeover of Singapore’s Neptune Orient Lines (NOL) , which has a market value of $2.2 billion, two people familiar with the deal said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter