Mærsk shares soar 12% on hopes of break-up

Shares in AP Møller-Mærsk, the Danish shipping and oil group, shot up 12% today after the company announced a sudden change of strategy. It is changing its CEO and will conduct a strategic review that could include deciding to break up.

  • By Jon Hay
  • 23 Jun 2016

The family-controlled group’s first quarter profits fell from $1.6bn to $224m and revenue fell by $2bn, due to 37% lower oil prices and a 26% fall in container shipping rates.

“No one had expected after all the restructuring and divestment we’ve done in the last few years that ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 168,245.46 652 8.00%
2 JPMorgan 156,950.09 679 7.46%
3 Bank of America Merrill Lynch 152,294.90 499 7.24%
4 Barclays 132,419.52 457 6.29%
5 HSBC 114,461.86 531 5.44%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,737.07 34 9.51%
2 Citi 17,112.91 41 6.09%
3 SG Corporate & Investment Banking 15,824.91 49 5.63%
4 UniCredit 14,686.99 63 5.22%
5 Deutsche Bank 14,357.25 46 5.11%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 7,202.01 32 9.30%
2 JPMorgan 6,815.38 29 8.80%
3 UBS 5,503.59 15 7.10%
4 Citi 5,386.55 31 6.95%
5 Deutsche Bank 4,303.27 25 5.55%