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This Week

| Nov 9, 2009 5:00AM GMT

The Journal of Commerce Magazine - News Story

Creditors Seek to Oust CMA CGM’s Saade CMA CGM’s creditors want the French carrier to replace founder and CEO Jacques R. Saade before they restructure the container carrier’s $5.6 billion debt. Bloomberg News reported the familyowned company, the world’s third-largest container carrier, is considering demands from lenders including BNP Paribas that

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