AP Moeller - Maersk A/S (MAERSKa.CO)
PARIS Shares in Total rose on Tuesday on the back of upbeat analyst comments regarding the French oil major's $7.45 billion takeover of Maersk Oil .
* Maersk rallies after selling oil unit to Total (Adds closing prices, details)
PARIS/COPENHAGEN Total is buying Maersk's oil and gas business in a $7.45 billion deal which the French major said would strengthen its operations in the North Sea and raise its output to 3 million barrels per day by 2019. | Video
* Maersk holds reserves around 1 billion BOE (Adds details after Total CEO's call with analysts, background)
PARIS Total is set to increase its target for $4 billion of cost savings by 2018 in the light of its planned acquisition of Maersk Oil, Chief Executive Patrick Pouyanne said on Monday.
PARIS, Aug 21 Total is set to increase its target for $4 billion of cost savings by 2018 in the light of its planned acquisition of Maersk Oil, Chief Executive Patrick Pouyanne said on Monday.
LONDON, Aug 21 European stocks fell further in early deals on Monday as geopolitical jitters on the Korean peninsula trickled over from Asian trading, though shipping company Maersk and strong mining stocks helped limit losses.
COPENHAGEN Denmark's A.P. Moller-Maersk said Monday it had agreed to sell its oil and gas division, Maersk Oil, to French oil major Total SA for $7.45 billion.
PARIS, Aug 21 French oil major Total said on Monday that its acquisition of Maersk Oil for $7.45 billion would boost its earnings and cash flow, and bolster its dividend prospects.
COPENHAGEN Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday, lifting its shares by as much as 4.5 percent as investors looked beyond one-off second-quarter charges and a costly cyber attack on its operations. | Video