29.10.2010 - France sovereign fund mulls shipping firm investment
From Reuters: France's sovereign wealth fund is considering an investment in indebted French shipping company CMA CGM alongside Turkish conglomerate Yildirim, a spokesman for the fund said on Thursday. Marseille-based container shipping line CMA CGM, which began talks with lenders a year ago on over $5 billion of debt after being hit by an industry wide slump, has already agreed a $500 million investment from Yildirim, according to three sources close to the deal..............................................Full Article: Source
Print