ceva truck

Now that a trade sale of CEVA Logistics to oft-rumoured suitor France’s Geodis is unlikely to materialise any time soon, speculation has grown that the private equity-owned 3PL is flirting with using the equity capital markets to fund an ambitious growth plan.

Given favourable IPO trends in the first half of this year, spurred by low volatility, CEVA could be right to tap new investors and pursue a float as early as next year.

IPO trends (Source www.ey.com)

One banking source in ...

Subscription Required

In order to view the entire article please either register an account and subscribe or login with a valid subscription below

Please Register

Please either or register below to continue

COMMENTS 0