Extract from our Nordic M&A Newsletter

Read more about our Nordic M&A Newsletter service including the M&A Portal and Private Equity Portfolio Tracker.
Maersk Drilling to postpone M&A activities due to poor performance
May 16, 2019

According to Finans, has Maersk Drilling postponed its planned M&A activities due to poor stock market performance since its IPO. It was planned, and expected by analysts, that Maersk Drilling would acquire some larger competitor after the completed IPO. Maersk Drilling is currently trading at a forward EV/EBITDA multiple of 7.8x - third lowest multiple of its competitors.

--
ⓘ This story was originally featured in our daily Nordic M&A Newsletter - we publish some of the newsletter content with delay through our M&A Newsletter Library. If you would like more insights on this deal or industry then send us an email at requests@nordicknowledgepartners.com