Reginal Thomas
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Maersk to Give $6.6 billion to Shareholders After Selling Danske Stake

A.P. Moller Maersk will hand shareholders $.6. billion in dividends this uear after it divests its 20% stake in Denmark's biggest bank Danske. Analysts were expecting the firm to announce the divestment of some assets as part of its strategy of focusing on its core shipping and oil divisions, the Danske Bank stake was not among the anticipated sales. 

Maersk, the world's largest container shipping company, will sell 15% to its controlling shareholder, the Moller family foundation. The other 5% will be offered to other existing shareholders. The firm did not specify how much the foundation was paying for the 15% stake, but said it would correspond to $5.5 billion.