MSC makes surprise €5.7bn bid for the jewel in Bolloré’s African crown

MSC’s surprise last-minute €5.7bn bid to acquire Bolloré Africa Logistics from under the noses of its ocean carrier rivals represents a change of direction for the Aponte family business.
Hitherto, MSC has relied on organic growth to rise to the top of the container line rankings, and has shied away from large-scale involvement in logistics in its role as the self-appointed liner ‘darling’ of the freight forwarding sector.
It is thought, however, …

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Source: The Loadstar

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