The CMA CGM Group has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics for €5 billion ($5.5 billion) cash free/debt free enterprise value. "The negotiations are in line with the CMA CGM Group's long-term strategy, based on the two pillars of shipping and logistics," says an official release. "The Group’s strategy is to offer end-to-end solutions in support of its customer’s supply chain needs. If a deal is reached, the acquisition would further strengthen the CMA CGM Group logistics activities."