CEVA Logistics, a subsidiary of the CMA CGM Group, will strengthen its global footprint in a key market as the company announced the signing of a binding agreement to acquire 100 percent of Borusan Tedarik Zinciri Çözümleri ve Teknoloji Anonim Şirketi. The signed share transfer agreement lists a total transfer price of $440 million (USD) subject to ordinary net cash and working capital adjustments. Privately held Borusan Holding has 69.47 percent of Borusan Tedarik’s shares, while the … [Read more...] about CEVA Logistics signs deal to acquire Borusan Tedarik, expand in Turkey