Home » Technology » The Danish shipping giant has sold all of its shares in Höegh Autoliners for NOK 1.8 billion

The Danish shipping giant has sold all of its shares in Höegh Autoliners for NOK 1.8 billion

AP Møller – Mærsk has completely sold out of Höegh Autoliners for shares worth NOK 1.8 billion, according to a stock exchange announcement on Monday evening.

The Danish major owner has sold a total of 20 million shares for NOK 90 per share. stock. The closing price on Monday was NOK 92.45, and there is thus almost no discount to speak of.

Before the sale, Mærsk was the second largest shareholder in the car shipping company, with a share of 10.48 per cent. Leif Höegh & Co. holds the largest ownership position with a share of 41.55 per cent.

Several stages

The Danes have sold themselves in the company a number of times during the year – and now they are completely out. Last September, Mærsk sold shares for a total of NOK 1.23 billion, at an average price of NOK 73 per share. stock. Since then, the course has remained one-way.

During the last three months, the share price is up more than 27 percent and is now at an all-time high. Mærsk has taken action and used the opportunity to sell itself completely out of the shipping company in a final stage.

Also in March, the Danes took action.

At the time, there was talk of 13.5 million shares – or 7.1 per cent of the shares in the company – at a price of NOK 61. In total, the Danish container shipping and logistics giant realized NOK 821.5 million at the time.

In total, the former major owner has thus sold shares for over 3.8 billion during three stages this year.

Haaland’s first purchase

In February, football star Erling Braut Haaland (23) founded the investment company Pillage 3. His first share purchase on Oslo Børs landed on Höegh Autoliners.

His very first share purchase took place in October with the purchase of 200,000 shares in the car shipping company at a value of NOK 16 million. These have grown by NOK two million to NOK 18 million in just over a month, given the selling price to Mærsk of NOK 90.

2023-11-27 19:54:23
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