Maersk at risk of credit cuts after selling oil unit
Selling Maersk Oil could impact the Maersk Group's credit rating at Standard & Poor's. The US ratings agency is considering a downgrade of the group's rating after the divestment Monday.
BY LOUISE VOGDRUP-SCHMIDT, SHIPPINGWATCH
Maersk Group's divestment of the oil and gas unit Maersk Oil could impact the company's credit rating, writes Standard & Poor's (S&P), which along with Moody's is one of the two external companies that rates the financial standing of Maersk Group.
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