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You are here: Home Archive 2010 March Weekly Edition 18th March 2010 CMA CGM eyes new investors

CMA CGM eyes new investors

by Andrew Spurrier Paris last modified Mar 29, 2010 01:15 PM

FRANCE’S CMA CGM has begun testing the intentions of investors who have expressed interest in providing the fresh capital it needs to restore itself to financial health. According to French reports, the group gave investors until Monday to detail their propositions for investing in the group.

There have been hints, too, that the group could be looking for a cash input considerably higher than the US$400m-US$500m sum it indicated that it was seeking late last year.
Le Figaro newspaper reported recently that the group could be...

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