AP Moller-Maersk cut of Danske Bank to focus on core business!

[DLarson]

AP Moller-Maersk cut of Danske Bank to focus on core business!

AP Moller the danish shipping giant are planing to sell its shares in Danske Bank to focus on its core businesses Shipping, Energy, Offshore, Retail and Production. AP Moller Maersk A/S is listed on the Nasdaq Nordic stock exchange han has more than 117.000 employees in more than 130 countries.

HSBC could be be a potential buyer as HSBC don´t have any retail presence in scandinavia which could be in the strategy for the worlds local bank.



This is still fiction, but it could be a reality in the future. With a share down 80% for Danske Bank, a falling oil price and the economic downturn could result in a sell-off. As the former chairman and son of the founder Maersk Moller has left the board the future strategy will change. Danske Bank was formed after the bankruptcy of Landmands Banken in 1922 and AP Moller has been a shareholder for many years. Lets see what will happen in the near future.


Dick larson