CMA CGM now holds more than 98% of CEVA’s share capital

CMA CGM has purchased additional shares of CEVA Logistics, and it now holds more than 98% of the share capital and voting rights of CEVA (as recorded in the commercial register).

As announced in the offer prospectus dated January 28, 2019, it is expected that CMA CGM will proceed with the squeeze-out procedure and will file the claim for cancellation of the remaining outstanding CEVA shares.

Source: CEVA Logistics