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You are here: Home Archive 2010 May Weekly Edition 27th May 2010 Back from the brink

Back from the brink

by JANET PORTER last modified Jun 07, 2010 01:59 PM

Just a few months ago, creditors were besieging troubled French container line CMA CGM. Now it is on course to turn a profit again. JANET PORTER tracks this financial tour de force

PROBABLY no one outside the Saad family and an inner circle of trusted advisers knows how close CMA CGM may have come to bankruptcy last year. These days, the question is cheerfully brushed aside.
“We are still alive and kicking,”...

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