PARIS (June 13): French container shipping firm CMA CGM plans to delist Neptune Orient Lines (NOL) following its takeover of the Singaporean shipper, CMA CGM's vice chairman Rodolphe Saade told French daily Les Echos.

CMA CGM, the world's third-largest container shipping company, said earlier this month it holds over 78% of NOL shares after buying Temasek Holdings' stake in a US$2.4 billion ($3.3 billion) deal agreed last year.

Minority shareholders can sell their shares to CMA CG until July 18.

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