CMA CGM, Moeller-Maersk in talks to buy Singapore’s Neptune Orient Lines: Report

CMA CGM, Moeller-Maersk in talks to buy Singapore’s Neptune Orient Lines: Report

France’s CMA CGM SA is in talks to acquire container-shipping company Neptune Orient Lines (NOL), which currently maintains a market capitalisation of S$2.3 billion ($1.692), and is majority owned by Singapore state-fund Temasek, a media report said.

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