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France’s CMA CGM to buy New York, New Jersey terminals from Canada’s GCT By Reuters

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France’s CMA CGM to buy New York, New Jersey terminals from Canada’s GCT By Reuters
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© Reuters. Containers are seen stacked up on the container ship CMA CGM Benjamin Franklin on the port of Antwerp, Belgium September 23, 2022. REUTERS/Yves Herman/File Photograph

(Reuters) – CMA CGM on Wednesday mentioned it might purchase World Container Terminals Inc’s (GCT) two terminals within the Port of New York and New Jersey because it eyes additional enlargement in america.

Bloomberg had first reported on Tuesday that CMA CGM was nearing a deal to accumulate two GCT terminals in a deal which might fetch round $3 billion.



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