SNCF Wants to Buy Geodis
French railway SNCF has launched a full-scale takeover bid for transport and logistics firm Geodis to create a large global freight transport company.
SNCF, which already owns 42 percent of Geodis, has valued the bid for the company at €1.1bn.
SNCF Chairman Guillaume Pépy last month announced that he wanted to make SNCF one of the world’s top five logistics operators by 2012.
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