MSC Group reached a multi-billion dollar deal to acquire the Bollore Group’s logistics operations in Africa and some parts of Asia.
The shipping giant said on Thursday that the agreement to buy 100% of Bollore Africa Logistics (BAL) is based on an enterprise value of €5.7bn ($6.3bn) for the company, a figure that is “net of minority interests”.
This is just the latest expansion move for Switzerland-based MSC Group.
