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Turkish law firm Erdem&Erdem has advised Yıldırım Group to invest US $500 million in CMA CGM
February 2011.
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Turkish law firm Erdem&Erdem has advised Yıldırım Group to invest US $500 million in CMA CGM, third largest company worldwide in the container shipping, in the form of five-year convertible bonds that will give Yıldırım Group access to 20% of CMA CGM's share capital at maturity. Yildirim will also have three of the ten seats on CMA CGM's Board of Directors.