BUSINESSJul 1 · 04:00 UTCFINANCIAL TIMES WORLD

CMA CGM nears $1.4bn deal for FedEx logistics unit

CMA CGM is nearing a $1.4 billion deal to acquire FedEx's logistics unit, aiming to expand its presence in the US and strengthen its position in the supply chain sector.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

CMA CGMorganizationFedExorganizationlogistics unittopicFrench shipping grouporganizationUnited StatesplaceSupply Chaintopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSApr 23 · 06:32 UTC
Apollo Nears €1.4 Billion Deal for Forvia’s Interior Unit
BUSINESSMay 19 · 21:00 UTC
Itochu Takes Over AirLife’s Japan Sales in Healthcare Expansion
BUSINESSMay 24 · 15:35 UTC
Jardine Is Said to Near Purchase of I-MED in $2.4 Billion Deal
BUSINESSMay 21 · 19:52 UTC
Aquarian Seeks More Backers for $4.1 Billion Brighthouse Deal
BUSINESSMay 4 · 11:34 UTC
Amazon opens up its logistics networks to any business