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
The eThekwini Municipality in South Africa is set to embark on a comprehensive study to…
The concept of citizenship by investment (CBI) has become increasingly popular as individuals look for…
Tucked in the heart of the Mediterranean Sea, Malta is a jewel that dazzles with…
Saint Kitts and Nevis are tropical jewels in the Caribbean that captivate travelers with their…
SsangYong Engineering & Construction (E'C), a subsidiary of the Global Sae-A Group and a prominent…
In today's fast-paced global market, businesses are continually seeking ways to optimize their supply chains…