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Maersk Group ditches investment banks

The Maersk Group is currently undergoing a process which could result in the conglomerate splitting up. And the group has opted to handle the task on its own without help from investment banks or outside consultants.

A.P. Møller-Mærsk vil ikke bruge investeringsbanker til de centrale dele af selskabets strategiske gennemgang. | Photo: Wärtsila

In relation to Nils Smedegaard Andersen's dismissal and the appointment of Søren Skou as Group CEO, the Maersk Group announced on June 23rd that the new executive team's first task would be to investigate whether or not the business should be split into independent units.

This is usually the type of news that spurs investment banks and consultant firms to come knocking to offer up their services, as the work in many ways resembles the process surrounding preparation for an IPO, an acquisition or a merger.

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