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CMA CGM's new $10B JV backs port strategy with financial firepower
Backed by up to $6 billion in Stonepeak funding, the joint venture underscores how ocean carriers are prioritizing vertical ...
Jan 28 (Reuters) - French shipping group CMA CGM and U.S. investment firm Stonepeak have agreed to create a joint venture valued at nearly $10 billion to operate and invest in port terminals, ...
French shipping and transport company CMA CGM said on Thursday it was taking measures to put some of its vessels in areas of ...
CMA CGM is rolling out a massive ports makeover, teaming up with Stonepeak to launch United Ports LLC, a U.S.-based joint ...
Deal creates joint venture with infrastructure investment firm Stonepeak to manage 10 terminals worldwide, including two in U ...
CMA CGM Group has completed the acquisition of Freightliner Ltd’s UK intermodal business, marking the formal close of a deal ...
The CMA CGM Group, a global player in sea, land, air and logistics solutions, and Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced today an ...
CMA CGM has decided to reroute vessels on three container services away from the Suez Canal, citing geopolitical uncertainty.
The United Ports venture will see Stonepeak invest $2.4 billion for a 25% minority stake in 10 CMA CGM port terminals.
Under the current “share of supply” and “material influence” tests — based on measures such as company turnover and dominance in a market — the CMA has broad discretion to review a large number of ...
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