CMA CGM is a shipping and transportation company based in France. It is the third largest shipping company.
According to press accounts, the Qatar Investment Authority offered to invest $1 billion into the company. The investment would have taken a form of a loan guarantee. These negotiations came to light in early April 2010. The negotiations lasted until July 2010 when the Chairman of CMA CGM publicly said that the QIA's conditions were too stringent and declined their investment. In a recent report, Qatar Holdings would take a 49% stake.