Dong "considering possibilities" of potential sale

There is no guarantee that Dong Energy will look the same as it does now after the company becomes listed - and Dong now confirms this after a story from Bloomberg last week informed that the energy company was potentially divesting the oil & gas division.

Photo: Lars Krabbe

Danish national energy company Dong Energy has neither confirmed or denied the story that the company is supposedly at this time considering the possibility of divesting its oil and gas division, Exploration & Production (E&P).

Dong Energy published a press release today in response to the rumors, in which the company explains that the investment bank JP Morgen has been hired to consult Dong during the process leading up to a potential IPO.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Daewoo Shipbuilding makes deal with conglomerate on conditional sale

Shipbuilding group DSME has signed a memorandum of understanding with conglomerate Hanwha Group about a sale of Korea Development Bank’s 50-percent equity position, according to a news agency. The state-owned bank has previously stated that the yard ought to be sold quickly. Updated.

Further reading

Related articles

Latest news

See all jobs