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The third quarter of 2016 marks a watershed for AP Møeller-Maersk. As the corporate structure of the Danish conglomerate remains under scrutiny, any “progress of the review” will be disclosed by the end of September, according to chief executive Soren Skou.

The board is clearly forced to come up with a masterpiece in terms of corporate finance, proving it has learned from its past mistakes.

Having misjudged the cycle in the recent times under the stewardship of Nils Andersen, it must now decide ...

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