CMA CGM says it will consider increasing its stake in CEVA Logistics after the company received an unsolicited takeover bid.
An unnamed bidder is said to have offered CHF 27.75 ($28.11) per share in cash for the Dutch-headquartered group, according to a statement
CEVA said it had “carefully reviewed the proposal” and “unanimously concluded” that the proposal was not in the best interest of the company.
