Two of the world’s largest container lines are reportedly looking to acquire Neptune Orient Lines (NOL).

Both CMA CGM and Maersk Line are said to be lining up takeovers of the Singaporean carrier.

French giant CMA CGM is in talks to take over NOL, according to a report from Bloomberg.

People with knowledge of the matter told the newswire that CMA CGM is now conducting due diligence.

And