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CMA CGM’s proposed acquisition of NOL cleared by the Chinese Ministry of Commerce (MOFCOM)

Marseille (France), May 25, 2016 - CMA CGM S.A. (CMA CGM), a global leader in container shipping, announces that it has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03), has been cleared by the Anti-monopoly Bureau of the Chinese Ministry of Commerce (MOFCOM).

CMA CGM’s proposed acquisition of NOL approved by the European Commission

Marseille (France), April 29, 2016 - CMA CGM, a global leader in container shipping, today announces that it has received approval from the European Commission for its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03). The proposed transaction was notified to the European Commission on March 8, 2016 and was cleared today following a Phase 1 review, under the condition of NOL’s exit from the G6 shipping alliance, which has been already committed by NOL and CMA CGM.


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