Smedegaard: DFDS needed a higher gearing
It's a rare thing to hear about a company in need of gearing for its capital. But that's actually a key reason why DFDS is now acquiring 12 percent of Maersk's stake in the company, DFDS CEO Niels Smedegaard tells ShippingWatch.
BY TOMAS KRISTIANSEN
The Maersk Group's decision to sell its 31 percent stake in DFDS doesn't come as a surprise, as the sale was announced as early as last fall. But DFDS's decision to acquire 12 percent of the shares up for sale, as the carrier wants to increase the gearing of its invested capital, is probably more surprising to a lot of people.
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