CMA-CGM merger faces court obstruction
THE Mistral Group is opposing the planned merger between CGM and
CMA, in which it holds a minority share.
According to the plan, CGM would absorb CMA by the end of this
year, but this has now been thrown into doubt.
The CMA-CGM group is appealing following a court tribunal ruling
in Nanterre, France, initiated by Mistral.
It had also been aiming to correct
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