Jefferies sets Maersk's acquisition ceiling considerably higher

According to Jefferies, Maersk can spend upwards of USD 3.5 billion on acquisitions without it impacting its credit rating. This is due to factors such as the company's low debt compared to that of its competitors.

Photo: Jason Redmond/Reuters/Ritzau Scanpix

by KATRINE GRØNVALD RAUN

The world's largest container shipping line A.P. Moeller-Maersk can spend upwards of USD 3.5 billion on acquisitions without impacting its credit rating, writes Jefferies in a new report.

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Maersk faces acquisition ceiling of USD 1 billion for the next two years
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Maersk's share price at highest level in two years
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Jefferies expects Maersk to beat low expectations
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