MSC Group has entered into a share purchase agreement with Bolloré SE for the acquisition of 100% of Bolloré Africa Logistics for a purchase price based on enterprise value, net of minority interests, of €5.7bn (US$6.3bn).
The acquisition includes all of Bolloré Group’s shipping, logistics and terminals operations in Africa, as well as its terminal operations in India, Haiti and in Timor-Leste.
Bolloré Africa Logistics is the biggest transport and logistics operator in Africa, with a network with 250 subsidiaries and almost 21,000 employees in 49 countries.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.