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Negotiations concluded with sole shareholder Stef

CMA CGM to take over La Mèridionale

by Port News Editorial Staff

CMA CGM has reportedly reached an agreement to take over the ferry company La Méridionale from the multinational Stef.  According to the transalpine weekly ‘Le Marin’, the purchase and sale transaction has in fact already been concluded.

La Méridionale is specialized in goods and passenger transport and operates services between Corsica and mainland France, and with Tanger Med (from Marseille and Barcelona).

Translation by Giles Foster

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