|Bid||42.90 x 1100|
|Ask||43.20 x 25000|
|Day's Range||42.28 - 42.72|
|52 Week Range||40.53 - 49.50|
|PE Ratio (TTM)||14.24|
|Dividend & Yield||2.95 (5.89%)|
|1y Target Est||N/A|
PARIS/COPENHAGEN (Reuters) - Total (TOTF.PA) is buying Maersk Oil in a $7.45 billion deal which the French oil major said would boost its earnings and cash flow, and bolster its dividend prospects. Danish company AP Moller Maersk (MAERSKb.CO) is selling its Maersk Oil division to Total to focus on other activities including its shipping business. Under the terms of the deal, A.P. Moller Maersk will get $4.95 billion in Total shares and Total will assume $2.5 billion of Maersk Oil's debt.
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 ...
Maersk will receive 97.5 million shares in Total