CMA CGM has continued to acquire shares in acquisition target Neptune Orient Lines (NOL) at below its offer price.
The French liner giant has bought just over 4m extra shares in recent days, according to disclosures made to the Singapore Exchange.
The shipowner said it paid between SGD 1.235 (86 US cents) and SGD 1.245 per share over three separate transactions.
CMA CGM now has just over 48.1m
