Maersk moves to offload shares in Danske Bank

Maersk moves to offload shares in Danske Bank

A.P. Møller – Mærsk has announced its intention to divest its remaining ownership stake in Nasdaq-listed Danske Bank.

The group currently owns 16,163,504 shares, representing about 1.6% of the total number of shares and votes in Danske Bank.

The price per share will be determined through an accelerated bookbuilding process to institutional investors which commenced on November 1. J.P. Morgan and Nordea are acting as joint bookrunners.

The group divested the majority of its original ownership interest in Danske Bank back in March 2015.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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