The High Court of the Canton of Zug, Switzerland cancelled all publicly held registered shares of CEVA Logistics AG on 18 September 2019.The remaining minority shareholders of the cancelled shares have received a cash compensation of CHF 30.00 for each cancelled share, corresponding to the offer price paid by CMA CGM S.A. in its public tender offer for all publicly held shares of CEVA. The settlement and payment of the compensation to the remaining minority shareholders of CEVA has taken place on 14 October 2019. In parallel, the delisting of the registered shares of CEVA form SIX Swiss Exchange has been effective since 10 October 2019. The last trading day of the registered shares of CEVA was 9 October 2019.
CMA CGM owns 100% of CEVA’s equity.