French billionaire Vincent Bollore has received a 5.7 billion-euro ($6.43 billion) offer from Mediterranean Shipping Company (MSC) for his African logistics assets, a deal that would transform his family group just two months before his self-declared retirement.
The bid by privately owned MSC, the world’s second-largest container shipping company, comes after major acquisitions by its rivals CMA CGM and Maersk in port infrastructure and non-maritime logistics services.
The sale of Bollore’s African assets would deprive the listed family-owned group, valued at 12.9 billion euros on the market, of a large chunk of its historical activities and would make its holdings in media group Vivendi the center of gravity of the company.
Read more/Source: Reuters
