Dong CEO open to merger of oil business

Dong is willing to settle for continued ownership of its oil business after a merger with other companies. This could help restart the shelved negotiations with Maersk Oil, says an analyst.

Photo: /ritzau/Magnus Holm/

The efforts to get rid of the major oil business at Dong Energy do not necessarily mean a divestment – the result could also be a merger with other companies, Dong CEO Henrik Poulsen tells Danish media Børsen.

"Of course we want the money, but we're open to a solution where we can see a sure road to money. This would typically be via shares in the continuing company," he tells the newspaper.

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