CMA CGM still eyeing cash

摘要

State-owned Fonds Strategique d'lnvestissement (FSI) is planning to invest about EUR150 (USD198) million in CMA CGM in return for an equity stake in the carrier, according to the French newspaper Journai du Dimanche,. The deal could be concluded by the end of May, and is understood to be encouraged by some banks worried about interest payments not being met.