CMA seek­ing funds for Nep­tune takeover

China Daily (Canada) - - BUSINESS -

CMA CGM SA, the world’sNo 3 con­tainer ship­ping com­pany, is in talks with lenders to fi­nance its po­ten­tial takeover bid for Sin­ga­pore’sNep­tune Ori­ent Lines Ltd, knowl­edge­able sources said. The French ship­ping com­pany is in dis­cus­sions with banks in­clud­ing BNP Paribas SA, HSBCHold­ings Plc and JPMor­gan Chase & Co for loans.

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