CMA CGM Group has made headway in its €81m ($85.6m) bid to buy French daily newspaper La Provence.

The management board of La Provence decided on Monday to accept the liner giant’s offer, rival publication Le Monde reported.

CMA CGM is said to have confirmed the information.

“This puts an end to a long and difficult waiting period for employees, whose representatives wished an agreement with CMA CGM,” Le Monde quoted the company as saying.