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A P Moller Maersk AS

Company Summary

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Company Transactions

Date: 3/31/2018
Type: Acquisition

BUYERS:
  • TotalEnergies
  • DETAILS:

    COST: 7.45 $B

    VOLUMES: 160 MBOE/d

    NOTES:
    Total reported that it has entered into a deal to acquire Maersk Oil & Gas A/S from A.P. Møller – Mærsk A/S in a share and debt transaction valued at $7.45 billion. Under terms of the deal, Maersk will receive $4.95 billion in Total shares and Total will assume $2.25 billion in Maersk Oil debt. The share payment consists of 97.5 million common shares, representing 3.75% of the share capital of Total.
    REGIONS:
  • International