CMA CGM announces public tender offer for all publicly held shares of CEVA Logistics AG
On November 26, 2018, CMA CGM, the world's third-largest container shipping company, published the pre-announcement of a public tender offer for all publicly held shares of CEVA Logistics AG, logistics company with registered seat in Baar, Switzerland. The offer price amounts to CHF 30 per share. Closing of the transaction is subject to receipt of the required regulatory approvals. The offer prospectus is contemplated to be published by January 28, 2019.
CMA CGM is advised by Lenz & Staehelin in this transaction. The team is led by Hans-Jakob Diem (Corporate) and includes Finance Partner Marcel Tranchet and associates Simone Ehrsam and Ann Weibel (both Corporate) and Hannes Kieser (Finance).