Total to buy Maersk Oil in $7.5 billion deal

ReutersNewsPublished: August 21, 2017
Published: August 21, 2017

French firm Total is buying Maersk Oil in a $7.45 billion deal which the oil major said would boost its earnings and cash flow, and bolster its dividend prospects. As Kate King reports, the deal allows Maersk to concentrate on its primary business, transport and logistics.

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