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What'd they purchase? It's arguably better for some of that money to continue circulating in the economy vs being parked in investments and savings that essenti
by sixstringtheory 3y ago
What'd they purchase? It's arguably better for some of that money to continue circulating in the economy vs being parked in investments and savings that essentially create money out of nothing, accruing interest or profiting from speculation. Of course it does make sense to do that with a portion, perhaps, but I wouldn't say "all". And I do share your disdain with government bailouts.
- mschuster91 3y ago> What'd they purchase? Quite a lot (and barely anything of that is mentioned in Wikipedia): - 2023: Bollore Logistic, 5 billion € / https://www.dvz.de/rubriken/logistik/detail/news/cma-cgm-gibt-uebernahmeangebot-fuer-bollore-logistics-ab.html https://www.dvz.de/rubriken/logistik/detail/news/cma-cgm-gib... - 2022: GEFCO, .5 billion € / https://trans.info/de/cma-cgm-logistiker-284312 https://trans.info/de/cma-cgm-logistiker-284312 - 2022: Spedag Interfreight, unknown price / https://trans.info/de/cma-cgm-ceva-logistik-296514 https://trans.info/de/cma-cgm-ceva-logistik-296514 - 2022: Colis Prive, unknown price / https://www.dvz.de/rubriken/see/detail/news/cma-cgm-investiert-in-die-letzte-meile.html https://www.dvz.de/rubriken/see/detail/news/cma-cgm-investie... - 2022: 9% of Air France KLM, .25 billion dollars / https://simpleflying.com/air-france-klm-cma-cgm-partnership/ https://simpleflying.com/air-france-klm-cma-cgm-partnership/ - 2021: Ingram Micro, 3 billion dollars / https://www.dvz.de/rubriken/see/detail/news/cma-cgm-kauft-kontraktlogistiker-ingram-micro.html https://www.dvz.de/rubriken/see/detail/news/cma-cgm-kauft-ko... And their competition hasn't been sleeping either, there has been a wave of consolidation and acquisitions.