Shipping giant MSC in talks to buy Bolloré Logistic's Africa unit at $6.4 billion

Shipping giant MSC in talks to buy Bolloré Logistic’s Africa unit at $6.4 billion

Shipping giant MSC in talks to buy Bolloré Logistic's Africa unit at $6.4 billion

The global shipping line, Mediterranean Shipping Company (MSC), seeks to diversify its activities further to include overland transportation, logistics and a growing portfolio of port terminal investments by acquiring Bolloré Africa logistics business unit.

The Bolloré Group is holding talks with container shipping giant MSC over the sale of its African logistics division valued at $6.4 billion.

For more information, please see https://www.theeastafrican.co.ke/tea/business/shipping-giant-msc-offers-to-buy-africa-unit-of-bollore-group-3686284

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