A.P. Moller-Maersk Gets Discount on 25% Stake in PONL

A.P. Moller-Maersk received the first definitive word on its offer to purchase Royal P&O Nedlloyd this week with P&O’s early sale of its 25% stake in the company at Euro 56.25 per share – a Euro 0.75 discount to the offer price – through Nordea and Danske banks. This brings A.P. Moller’s stake in the conglomerate up to 45%.