CMA prepares to acquire EMC by $4 billion?
According to the Lloyd's Daily news, following the acquisition of Hapag-Lloyd by Duffy, Lloyd' List said that after the failure of the acquisition of Hamburg South America or Hapag-Lloyd, CMA will seek the next target in the East, together with Evergreen in the Ocean Alliance. Think it is in its target acquisition list. According to sources, CMA is preparing for a $4 billion bid to acquire Evergreen Shipping.
What do you think? How likely is it?
If the rumors go to reality, today's capacity scale data shows that Evergreen 1168976TEU+CMA 2644654TEU= 3813630TEU, still can not shake the size of Maersk first, but will be infinitely close or beyond, Evergreen's current new ship orders total 499874TEU is the existing capacity 42.8%! Increase the absolute value first in the industry.
Judging from the financial indicators, Evergreen ranked 9th among the following 14 shipping companies. Z Score is 1.25 and 11 shipping companies are in the same pressure zone. In fact, the entire shipping industry is in the gray area, who is better than anyone. .
CMA CGM lost $53.9 million in the first half of the year
Evergreen Shipping lost $57.1 million in the first half of the year
Note: The Atman Z-score model score formula is used to measure a company's financial health and to diagnose and predict the company's likelihood of major events such as bankruptcy/reorganization/consolidation within 2 years. Studies have shown that the prediction accuracy of this formula is as high as 72% - 80%.
The Z—Score model comprehensively reflects the financial status of the enterprise from the aspects of asset size, liquidity, profitability, financial structure, solvency, and asset utilization efficiency, and further promotes the development of the financial early warning system. The smaller the Z value. The greater the likelihood of a company's financial crisis, the greater the Z value, the less likely a company will have a financial crisis.
What do you think? How likely is it?
If the rumors go to reality, today's capacity scale data shows that Evergreen 1168976TEU+CMA 2644654TEU= 3813630TEU, still can not shake the size of Maersk first, but will be infinitely close or beyond, Evergreen's current new ship orders total 499874TEU is the existing capacity 42.8%! Increase the absolute value first in the industry.
Judging from the financial indicators, Evergreen ranked 9th among the following 14 shipping companies. Z Score is 1.25 and 11 shipping companies are in the same pressure zone. In fact, the entire shipping industry is in the gray area, who is better than anyone. .
CMA CGM lost $53.9 million in the first half of the year
Evergreen Shipping lost $57.1 million in the first half of the year
Note: The Atman Z-score model score formula is used to measure a company's financial health and to diagnose and predict the company's likelihood of major events such as bankruptcy/reorganization/consolidation within 2 years. Studies have shown that the prediction accuracy of this formula is as high as 72% - 80%.
The Z—Score model comprehensively reflects the financial status of the enterprise from the aspects of asset size, liquidity, profitability, financial structure, solvency, and asset utilization efficiency, and further promotes the development of the financial early warning system. The smaller the Z value. The greater the likelihood of a company's financial crisis, the greater the Z value, the less likely a company will have a financial crisis.