Maersk spin-off Svitzer rises in market debut

Svitzer A/S

30/04/2024 08:22

** Shares in Svitzer  SVITZR.CO  rise 14% to DKK 229 in
their first day of trading on the Copenhagen Stock Exchange
    ** Svitzer, a towage and marine services provider, spun off
from Maersk  MAERSKb.CO  in March as the Danish shipping group
intended to streamline its business to focus on logistics and
transport
    ** Svitzer stock was priced at DKK 200 per share at the
trading open on Tuesday

 (Reporting by Boleslaw Lasocki)
 ((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))