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Global Ship Lease, Inc. Message Board

  • smcapmachine smcapmachine Jan 25, 2013 1:46 PM Flag

    CMA sells 49% of Terminal Link for $400m Euro

    Bonds trading close to 90.

    China Merchants Holdings (International) Company Limited ("CMHI") and CMA CGM are pleased to announce that on 25thJanuary 2013, they have signed the Share Purchase Agreement regarding the sale of 49% equity interest in Terminal Link for ? 400 million. Following some pre-closing reorganization, the transaction is expected to complete within the first half of 2013, subject to receipt of certain relevant external regulatory approvals

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