No debt deal for CMA CGM yet

Andrew Spurrier and Janet Porter - Tuesday 15 December 2009

FRENCH container shipping group CMA CGM has again overshot its target date for completing talks with its banks on a restructuring of its $5.6bn debt.
The group, which had originally signalled a mid-November date, told its employees last month that it needed to get agreement on certain key measures by December 15.
Today, however, the group admitted ...

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