Turkish Yildirim Group buys 20 per cent of the worlds third largest container company, French CMA CGM, at a cost of
USD 500 million. Yildirim will get three out of ten seats on the board.
The Saadé family still hold 80 per cent of the shares and the votes in
the container giant, which has been struggling with debt for some time
now, the company has even approached the French government for a loan.
CONTAINER
27 November 2010 - 04:25
Turkish Yildirim Group buys %20 of CMA CGM
Turkish Yildirim Group buys 20 per cent of the worlds third largest container company, French CMA CGM, at a cost of USD 500 million. Yildirim will get three out of ten seats on the board.
CONTAINER
27 November 2010 - 04:25
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