CEVA Logistics: Ceva's $440m Turkish M&A dish - what's in it?

News that Ceva Logistics has agreed to acquire Borusan Tedarik to expand its footprint in Turkey, was followed at our Premium end by a distinct: "Borusan who?"BackgroundThe logistics arm of French ocean carrier CMA CGM is parking cash in a country where "measuring currency risk premium" has been high on the agenda of investors, but Ceva looks unfazed by its latest move.The seller - Turkish conglomerate Borusan Yatirim: 14,000 staff, ...The post Ceva's $440m Turkish M&A dish - what's in it? appeared first on The Loadstar.