Party Like Its 1972! AP Moller Maersk Completes Spinoff of The Drilling Company of 1972
AP Moller Maersk(AMKBY) is out of the drilling business and its transformation into a pure transportation company is almost complete. On April 2nd, shareholders approved the spinoff (sorry, demerger) of The Drilling Company of 1972. The first day of trading in Copenhagen was yesterday, but as we noted in an earlier piece the schedule makes it seem like Maersk… Read More »