France’s CMA CGM is reportedly in talks with various lenders to secure money to take over Singapore’s Neptune Orient Lines (NOL).
Bloomberg cited people familiar with the matter as saying banks include HSBC, BNP Paribas and JPMorgan Chase.
The French container line has confirmed it is in exclusive talks to tie-up a deal for NOL by 7 December. The owner of shipping operation APL is worth $2.2bn.
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