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Friday, 08 September 2017

Africa: Bolloré takes over container terminals in five countries

The Bolloré Consortium has been designated for the partial take-over of Necotrans’ activities in Benin, Côte d’Ivoire, Togo, Cameroon and Burkina Faso. This was the decision handed down by the Commercial Court of Paris on 25 August 2017, in the context of its judgement on insolvency proceedings of the Necotrans group, Bolloré’s main rival in Africa, mainly in the management of port terminals, the oil and gas sector, and mining logistics.

Source: beninwebtv.com

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