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Total stakes $7.5billion for Maersk Oil Business

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Danish transport and energy conglomerate, A.P. Møller – Mærsk A/S has signed an agreement to sell Maersk Oil to Total S.A for $7.45 billion in a combined share and debt transaction. As explained by Maersk, the separation of the energy businesses was decided as part of last year’s strategic decision to focus the group’s future ...

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