Industry
Viking Holds $4 Billion in Cash and Sets a Four-Part Test for Acquisitions
Viking closed the second quarter with $4 billion in cash and an undrawn $1 billion revolver, and says any acquisition must beat the returns its own newbuildings generate.
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Industry
CMA CGM to acquire FedEx Supply Chain for $1.4 billion in US logistics push
CMA CGM has agreed to buy FedEx Supply Chain for $1.4 billion, significantly expanding its CEVA Logistics subsidiary's presence across North America.
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