Finance
French shipping giant CMA CGM offers to buy Air Belgium
French shipping giant CMA CGM offers to buy Air Belgium
Published by Global Banking and Finance Review
Posted on April 30, 2025
Published by Global Banking and Finance Review
Posted on April 30, 2025
PARIS (Reuters) -French shipping giant CMA CGM announced on Wednesday an offer to buy Air Belgium, which would strengthen CMA CGM's presence in the aviation sector.
CMA CGM, which also owns an 8.8% stake in Air France KLM, said it would keep the Air Belgium brand and that its takeover would safeguard 124 jobs at Air Belgium.
(Reporting by Sudip Kar-Gupta; Editing by Kim Coghill)
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