Subscribe to RSS feedCMA CGM rejects Qatar loan
by
Tom Leander, Le Havre
—
last modified
Jul 20, 2010 09:58 AM
HEAVILY indebted CMA CGM has rejected a loan from Qatar and continues to look for capital from other sources, group chairman Jacques Saadé disclosed on Tuesday.
The conditions that Qatari investors demanded were “too difficult”, Mr Saad told Lloyd’s List during the naming ceremony for the 13,800 teu CMA CGM Christophe Colomb.
He also predicted that 2010 financial results could be one of the best ever...
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