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Comment / Analysis: The flip side of Ceva's 'new vertical structure'

Vertigo
ID 44201964 © Gustavo Goldman | Dreamstime.com
By

’Buy the rumour, sell the news’ is an old adage in the financial markets.

Pity Ceva Logistics is no longer listed, although it enjoyed a spell on the stock market for just over a year from the spring of 2018, before being taken over by CMA CGM…

… which – romance added to the narrative – acted as a white knight soon after DSV made a very opportunistic offer at a +60.4% premium to Ceva’s depressed share price of Sfr18.7 at the ...

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    Ceva 2.0 Ceva Logistics CMA CGM Rodolphe Saadé Vertical consolidation Mediterranean Shipping Company (MSC) Ocean Wilson Holdings Shipping Agency Services (SAS) Wilson Sons

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