Published: 23 Jun 2014 - 10:11 am | Last Updated: 04 Feb 2022 - 11:59 am
A file picture of car ferries operated by the SNCM (National Maritime Corsica-Mediterranean company) are seen at docks in the port of Marseille. Efforts by France’s Veolia, the world’s largest water services company, to divest its legacy transport arm and focus on its core business are snagged by a wrangle over the fate of one of the transport arm’s assets, the near-bankrupt Corsican ferry operation jointly held with the French state.