Category: A.P. Moller Holding

A.P. Moller Holding moves to take Svitzer private Denmark’s A.P. Moller Holding (APMH) has made an all-cash offer to take towage operator Svitzer private. The offer, valued at about $1.3bn, comes at nearly a 32% premium to Tuesday’s closing share price in Copenhagen. APMH holds 47% of shares in Svitzer, which demerged from Maersk last…