Buoyant Maersk sets aside up to $5.5bn for acquisitions

A record fourth quarter helped A.P. Møller – Mærsk double its 2020 profits with a significant chunk of the cash earned earmarked for acquisitions. In the fourth quarter last year, EBITDA rose 85% to $2.71bn while full year EBITDA hit $8.3bn for the world’s largest containerline. In bullish mode, the company, often seen by investors …

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