13FEB2019 - NEWS - France based shipping line CMA CGM launches public tender offer for CEVA Logistics shares on 12 February

French shipping major CMA CGM has recently launched its public tender offer for Swiss logistics company CEVA Logistics’ shares on 12 February. The offer’s price is set at USD 29.7 per CEVA Logistics share. This values the share 12.2% above its average listing over the last 60 days and 62.9% above its CHF 18.42 share price on October 10, 2018, its last day of listing before the announcement of an unsolicited takeover offer by a third party, according to CMA CGM. This offer is part of the new strategic plan for CEVA, which has been developed jointly with CMA CGM.

Published by Editor - www.Livebunkers.com at 13-Feb-2019 06:00:40 [UTC] , contact editor at editor@livebunkers.com