Saturday 17th Nov 2018 - Logistics & Supply Chain

SNCF moves to snap up Geodis

French state-owned rail company SNCF has made a bid for Geodis, the logistics services group. SNCF has been Geodis” main shareholder for many years and currently holds 42 per cent of its share capital and 46 per cent of its voting rights. The cash offer of €135 per share values the logistics group at €1.1bn.

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