New players have entered the race to acquire Danish Ship Finance. Equity firms from the US as well as the UK are allegedly negotiating with the owners of Danish Ship Finance, reports Danish daily Berlingske Business, citing several sources. This development comes after financier Christian Dyvig was unable to complete a deal with the bank this summer.
The bank is currently owned by A.P. Moeller-Maersk, Danske Bank, Nordea and the Danish National Bank, and the deal with Dyvig collapsed because the owners were unable to agree on the price and terms of the transaction. Previous reports have stated that the Danish National Bank was positive toward the offer from Christian Dyvig, who allegedly bid upwards of USD 600 million for the bank. Danish Ship Finance has yet to comment on the matter. According to Berlingske Business, Christian Dyvig could potentially return to the process though he right now seems to have exited the sale discussions.
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