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Dansk Supermarked wants Maersk's shares

Dansk Supermarked wants Maersk's shares

10-10-2017 10:00:00

Dansk Supermarked is ready to outbuy Maersk, Børsen writes. In 2015, A.P. Møller - Maersk sold almost 50 percent of shares to the two Salling funds that own Dansk Supermarked - with the option to buy the last 19 percent of the shares.

"We have generated significant cash flow, so today we are solid and can buy back the 19 percent. It just depends on when we meet with A.P. Møller," says Nils Smedegaard Andersen, chairman of the Danish Supermarket, to Børsen.

Smedegaard was CEO of A.P. Møller - Maersk, when the shares were sold to the two Salling funds in 2015. The remaining shares were set at a value of 5.5 billion DKK in the year 2017. According to Børsen, the Salling funds must pay more than this though.

Source: Børsen / Maritime Denmark

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