Comment / M&A radar: Mærsk's finger on the M&A trigger – sink the 8-ball, Mr Skou

AP Møller-Mærsk (APMM) CEO Søren Skou deserves a word of praise.

Time flies

Only twelve months ago, with the stock trading at just over Dkr9,000 ahead of a dramatic Covid-19-led plunge (to as low as Dkr4,900 and change), the fear was that bouncing back from the abyss was mission impossible.

Skou’s first remarks immediately after he took over from Nils Andersen retuned with a vengeance. Just over four years ago, he had noted he was “not starting with a lot of ’do nots’.”

How ...