Business

Acquisitions

Rhenus acquires World Net Logistics in South Africa

Germany’s Rhenus Group has continued its 2019 takeover spree by acquiring Johannesburg-headquartered freight forwarding and logistics specialist World Net Logistics…

Read More

CMA CGM nears 90% of voting rights in CEVA Logistics

CEVA Logistics is likely to de-list from the SIX Swiss Exchange later this year after confirming media reports that French…

Read More

Rhenus buys Canada’s Rodair

Germany’s Rhenus Group has acquired Canadian logistics provider Rodair. The acquisition, terms were not disclosed, is subject to approval by…

Read More

CMA CGM set for Ceva stake of almost 90%

According to a report by Reuters, CMA CGM now controls almost 90% of the voting rights in Ceva Logistics. This…

Read More

Azul bids for Avianca Brasil assets

Brazilan airline Azul has signed a non-binding agreement with financially troubled Avianca Brasil to acquire its operating certificate, 70 pairs…

Read More

CH Robinson goes into Space with €42m Spanish forwarder acquisition

US freight forwarder CH Robinson acquired Spanish forwarder Space Cargo Group for €42m ($48m) in cash as part of a…

Read More

Cathay Pacific confirms takeover talks for Hong Kong Express from HNA Group

Cathay Pacific Airways has confirmed that it is “in active discussions” about an acquisition involving the low cost carrier Hong Kong…

Read More

Panalpina chief: We’re on the acquisition trail

Panalpina chief executive Stefan Karlen has told the Swiss business press that the forwarder is on the acquisition trail, despite…

Read More

Panalpina shareholder urges board to consider DSV offer

One of Panalpina’s major shareholders has written to the forwarder’s board urging them to seriously consider DSV’s takeover offer and…

Read More

Brussels approves Virgin Atlantic acquisition by Air-France-KLM, Delta and Virgin Group

The European Commission in Brussels has approved the proposed acquisition of joint control over Virgin Atlantic by Air France-KLM, Delta…

Read More