"CMA CGM’s CEVA Logistics confirmed today that it will not be pursuing Wincanton reporting in a stock exchange filing that it will not set aside its previous final cash offer. The acquisition would have more than doubled CEVA’s operations in the UK and Ireland. They were outbid by American company GXO, representing a setback for the group’s efforts to further expand its logistics operations." See the original story at: The Maritime Executive.
Source: The Maritime Executive