DOF Group tracks best day ever after $1.1 bln deal to buy Maersk Supply Service
03/07/2024 08:17
** Shares in DOF Group DOFG.OL rise 8.2% after the
Norwegian supply shipping company agreed to buy offshore marine
service provider Maersk Supply Service (MSS) for $1.11 billion
** As part of the deal with Maersk Supply Service Holding
(MSSH), DOF will pay $577 million in cash and issue new shares
** About 8.3 million DOF shares have traded so far on
Wednesday, about 1,805% of their 30-day moving average full-day
volume
** The stock is on track for its best day ever if gains hold
(Reporting by Jagoda Darlak)
((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))