French shipping tycoon agrees to buy Altice Media group – POLITICO
Soaring freight rates and low taxes on shipping mean that CMA CGM is swimming in cash. Between 2020 and 2023, the group raked in €45 billion in profit, convincing the family-owned company to diversify into media. Saadé snapped up business newspaper La Tribune last year and Marseille paper La Provence in 2022. He also holds … Read more
