The likelihood of a union between Maersk Oil and Dong Energy's oil business has not gotten any smaller in light of the steep decline in the oil price along with massive deficits at both companies.
"The timing would be perfect. Maersk Oil is on the lookout for acquisitions and is trying to focus its energy on North Sea investments. Dong Energy is interested in betting on wind energy rather than throwing more money at oil developments," senior analyst Stig Frederiksen, Nordea Markets, tells Børsen on Thursday.
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