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08 December 2019 The on-line newspaper devoted to the world of transports 22:34 GMT+1

December 14, 1998

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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Vincenzo Miele

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