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CMA CGM Group, France acquires 10% stake in Volvo and Renault Group's JV, Flexis SAS
On April 3, Renault Group announced that CMA CGM, through PULSE, its energy fund, has acquired a 10% stake in Flexis SAS, confirming its interest in a strategic investment of up to EUR 120 million by 2026. The Volvo Group and the Renault Group will hold a 45% stake each and plan to invest respectively EUR 300 million....
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