Total Acquires Maersk Oil for $7.45bn in Share, Debt Transaction

Posted by - August 22, 2017

French oil giant, Total, has announced that it had acquired 100 per cent of the equity of the E&P Company, Maersk Oil & Gas, a wholly owned subsidiary of A.P. Møller – Mærsk, in a share and debt transaction. Total said in a statement that under the agreed terms, A.P. Møller – Maersk will receive