CMA CGM Group has granted a put option to the Bolloré Group to sell Bolloré Logistics for EUR5 billion (US$ 5,468 million).

The Bolloré Group has acknowledged the put option as an offer and has confirmed the activation of the contingent earn-out mechanism of EUR0.25 million (US$0.273 million)for each Bolloré SE share that has been tendered to the simplified cash tender offer of Bolloré SE on its own shares, as declared on 18 April 2023. This earn-out is conditional and will be disbursed only if CMA CGM exercises the put option and the sale of 100% of Bolloré Logistics is finalized according to the agreed-upon terms.