The business is owned by French businessman Vincent Bolloré.
A pole which was for a long time the “cash cow” of the businessman, helping him to finance his raids and other conquests.
The Morgan Stanley investment bank was tasked with discreetly surveying the interest of potential buyers, in particular the big names in shipping.
The French CMA CGM examines the case, as well as the Danish Maersk. The port operator Dubai Ports World and the Chinese Cosco Shipping, manager of the Greek port of Piraeus, could also join the ranks. While large private equity funds like Ardian or KKR are full of capital, most of them are limited, by their status, in their ability to invest in emerging countries. When questioned, the group declined to comment.
Also Read
DSV inaugurates its largest logistics centre in Africa
Leaders make urgent call to accelerate vaccination globally and in Africa
In a significant move to provide additional financial support, the Internal Revenue Service (IRS) has…
Michigan Attorney General Dana Nessel has officially filed a notice of intervention in Consumers Energy’s…
What is DuckChain? DuckChain is an innovative blockchain platform designed to provide scalable and secure…
In a bold legal move, the Democratic Republic of Congo (DRC) has filed criminal complaints…
As we approach 2025, supply chain management is becoming increasingly complex, driven by globalization, technological…
Marrakesh, often referred to as the "Red City" for its sun-kissed terracotta buildings, has long…