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25 October 2020 The on-line newspaper devoted to the world of transports 08:25 GMT+1



June 28, 2016

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Original news
CMA CGM has obtained beyond 90% of the capital of the NOL

In forecast the exercise of the right of coactive acquisition of remaining sets in action

the French shipowning group CMA CGM has announced that with own offer for the acquisition of the Neptune Orient Lines (NOL), started 6th june(of the 6 june 2016), has obtained beyond 90% of the capital of the company of Singapore having now the property of 2.361.044.044 sets in action pairs to approximately 90.68% of the total.

Moreover CMA CGM, like announced in occasion of the acquisition of the control of group NOL(of the 10 june 2016), has confirmed the intention to carry out the delisting of the NOL from the Stock exchange of Singapore and that, if obtains beyond 91.05% of the capital of the NOL, it will exercise own right of coactive acquisition of remaining sets in action in the hands of the shareholders who have not accepted the offer as expected from Capitolo 50 of the Companies Act of Singapore.



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