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.