Mediterranean Shipping Co (MSC) has launched a €5.7bn ($6.4bn) bid to acquire the African transport and logistics activities of France's Bollore Group.
The leading liner operator is seeking to acquire Bollore Africa Logistics (BAL), one of the biggest transport and logistics operators in Africa.
Bollore said Monday it had received an offer that concerns the port, rail, and logistics entities in Africa, as well as port concessions in India, Timor, and Haiti.