The EU Fee on Friday stated it had cleared the acquisition of the logistics operations of conglomerate Bollore by transport group CMA CGM, topic to quite a few situations proposed by the businesses.
The fee, which oversees competitors coverage within the 27-nation European Union, stated that the acquisition had been authorized after its investigation discovered quite a few issues.
To deal with them, the events agreed to divest all of Bolloré Logistics’ actions in Guadeloupe, Martinique, Saint Martin and French Guiana, in addition to quite a few belongings in metropolitan France linked to those actions.
(Reuters – Reporting by Charlotte Van Campenhout, modifying by Bart Meijer)
