Supply Chain Radar: does CEVA’s Q3 update make a counterbid by DSV less likely?

French carrier CMA CGM must publish by 30 November the full details of its offer for CEVA Logistics, currently priced at CHF30 a share. So what is my take, and the feedback I have received in the past 24 hours?
CEVA’s days as a standalone, viable entity are numbered, judging by its third-quarter update released on Thursday.
In a nutshell, the firm is growing in a market where less profitable growth is harder …

The post Supply Chain Radar: does CEVA’s Q3 update make a counterbid by DSV less likely? appeared first on The Loadstar.

Source: The Loadstar

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