Press Release: Mergers: Commission approves container liner shipping merger between CMA CGM and NOL, subject to conditions

Author (Corporate)
Series Title
Series Details IP/16/1631 (29.04.16)
Publication Date 29/04/2016
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On 29 April 2016, the European Commission cleared under the EU Merger Regulation the proposed acquisition of Neptune Oriental Lines ("NOL") of Singapore by rival CMA CGM, a French shipping company with worldwide activities. The clearance was conditional upon NOL leaving the G6 liner shipping alliance.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-16-1631_en.htm
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