CMA CGM ramps up UK logistics push with Wincanton takeover bid

French carrier CMA CGM has moved to buy UK logistics firm Wincanton for about $719m in cash. The offer has been made through CEVA Logistics unit and represents a 52% premium to Wincanton’s closing price on Thursday. The London-listed firm said its board intends to unanimously recommend that its shareholders vote in favour of CMA …

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