Maersk said to plan Drilling spinoff to focus on transport
Maersk Group is allegedly planning to spin off Maersk Drilling rather than pursuing a sale, as takeover bids for the drilling unit were too low, according to people familiar with the matter.
by Manuel Baigorri, Ruth David and Matthew Miller, bloomberg
Maersk Group is planning to spin off its drilling unit instead of pursuing a sale as the Danish conglomerate shifts focus to its transport activities, according to people familiar with the matter.
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