© Vladimir Serebryanskiy maersk bunker oil
© Vladimir Serebryanskiy

The management team of AP Møller-Maersk Group (APPM) has had a very busy week, but interim results were just a nuisance – its third-quarter update was aways meant to be a non-event – because the real action was taking place elsewhere.

Deal(s) 

APMM sources told me that the ocean carrier’s M&A managers and financial advisors were in the US earlier this week, seriously talking M&A stuff: the target is STG Logistics, formerly St George.

“So, they are buying warehouse space,” one outsider told ...

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