On July 11, 2023, the Bolloré Group announced it had signed a share purchase agreement to sell 100% of Bolloré Logistics to the CMA CGM Group. This agreement followed the completion of information and consultation procedures with relevant staff representative bodies and the exercise of a put option received on May 8, 2023. The agreed purchase price was $6.84 billion (€4.65 billion), subject to adjustments for debt and cash at the completion date.

Completion of the sale was contingent upon obtaining antitrust and foreign investment clearances in relevant jurisdictions. Additionally, the Bolloré Group confirmed the implementation of a contingent earn-out mechanism of $0.37 (€0.25) for each Bolloré SE share tendered to the simplified cash tender offer, which closed on May 30, 2023. This contingent earn-out would be paid if the sale of Bolloré Logistics was completed as per the agreed terms.