CMA CGM set for takeover of Santos Brasil operations

After one of the longest courtships in port terminal history, involving many suitors, it looks like Santos Brasil will finally be taken over by French based liner company CMA CGM, for an initial outlay of around US$1.12BN and an eventual cost of approximately US$2.26BN.

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After one of the longest courtships in port terminal history, involving many suitors, it looks like Santos Brasil will finally be taken over by French based liner company CMA CGM, for an initial outlay of around US$1.12BN and an eventual cost of approximately US$2.26BN.