French oil company Total has agreed to acquire Danish conglomerate A.P. Moeller-Maersk’s oil unit for $4.95 billion, the latest sign activity is returning to the sector following a three-year slump in oil prices.
WSJ.com: US Business, Wall Street Journal: Business
Mon, 08/21/2017 - 1:31am
French oil company Total has agreed to acquire Danish conglomerate A.P. Moeller-Maersk’s oil unit for $4.95 billion, the latest sign activity is returning to the sector following a three-year slump in oil prices.