France's CMA CGM unit raises cash offer to buy UK logistics firm Wincanton
26/02/2024 07:34
Feb 26 (Reuters) - CEVA Logistics, a unit of French
shipping firm CMA CGM, on Monday agreed to an increased all-cash
offer to buy Wincanton WIN.L , valuing the British logistics
firm at about 604.7 million pounds ($766.15 million).
The 480 pence-per-share offer is a 6.7% increase from the
original offer of 450 pence-per-share.
($1 = 0.7893 pounds)
(Reporting by Richard Rohan Francis in Bengaluru; Editing by
Sohini Goswami)
((RichardRohan.Francis@thomsonreuters.com;))