APM Holding lost billions on Maersk's strategic change

The stake in the Maersk Group negatively affected APM Holding, which is controlled by the Mærsk family. However, shares owned in a Danish bank delivered large proceeds.

Robert Mærsk Uggla is CEO of A.P. Møller Holding, whose investments include the Maersk Group. | Photo: Ritzau Scanpix/Ida Guldbæk Arentsen

APM Holding's ownership of the Maersk Group came at a big cost in 2017.

The move to split the former conglomerate triggered significant losses on the oil business which are currently being sold off in an effort to create a pure play transport group.

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