A.P. Moeller-Maersk will divest its stake - of around 20 percent- in Danske Bank. A.P. Møller Holding will acquire the stake, which is currently worth around USD 5.3 billion at the current rate of Danske Bank's shares.
"Over a period we have been met with requests from shareholders to divest our shares in Danske Bank A/S. With the undertaking from A.P. Møller Holding A/S such a sale is now possible and will at the same time secure a long-term Danish ownership of Danske Bank. In addition A.P. Moeller - Maersk can focus the resources on our core portfolio," says Maersk Group chairman Michael Pram Rasmussen.