Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Total acquires Chevrons shares in DUC
September 26, 2018

The french oil giant has acquired all of Chevron’s shares in Dansk Undergrunds Consortium (DUC). Total is now the largest single shareholder in DUC with a stake of 43,2 pct. The price is undisclosed. The acquisition is fully aligned with Total’s strategy of expansion in Denmark. They already acquired Maersk Oil for DKK 47bn last year.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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