|Bid||5.91 x 0|
|Ask||6.01 x 0|
|Day's range||5.93 - 6.05|
|52-week range||4.32 - 6.36|
|Beta (5Y monthly)||0.76|
|PE ratio (TTM)||99.21|
|Forward dividend & yield||0.06 (1.00%)|
|Ex-dividend date||20 Jun 2023|
|1y target est||N/A|
(Bloomberg) -- French conglomerate Bollore SE isn’t planning to take over Vivendi SE, according to the company’s Chief Executive Officer Cyrille Bollore.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Slide as Sentiment on Global Outlook Sours: Markets WrapLula Lashes Out and Sends Warning to Central Bankers EverywhereBollo
PARIS (Reuters) -French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday. CMA CGM granted the Bollore group an option to sell it the logistics business, which generated more than 7 billion euros in revenue last year and employs 13,500 people. Bollore said it would decide whether or not to exercise the option after consulting employee representatives.
PARIS (Reuters) -French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday. For Bollore a deal would mean cutting ties with its biggest business while offering cash-rich CMA CGM a chance to bolster its bid to offer end-to-end transportation services and supply chain management. News of the indicative offer, made on a cash free and debt-free basis, boosted Bollore's shares.
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