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22 October 2018 The on-line newspaper devoted to the world of transports 14:53 GMT+2



December 4, 2017

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Original news
CMA CGM has carried to term the cession of 90% of the American terminalista society Global Gateway South

The French shipowning group maintains 10% of the capital

The French shipowning group CMA CGM has carried to term the cession of 90% of the share capital of the American terminalista enterprise Global Gateway South (GGS) that it is sold to bottom EQT Infrastructure III and its partner P5 Infrastructure(on 3 July 2017). The transaction has a value of 875 million dollars, of which about 820 million cash.

CMA CGM, that it will maintain the property of 10% of the GGS, has specified that it will continue to being one of the main customers of the American company, that manages a container terminal on piers 302-305 of the port of Los Angeles.



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