Dong sells oil and gas business to Swiss company
After protracted negotiations, it has now emerged that Swiss company Ineos will buy Dong's oil and gas business.
440 Dong employees will be working under new management in a deal which could be worth upwards of DKK 8.7 billion (EUR 1.17 billion) for the Danish energy giant. Wednesday morning, Dong announced that the company has entered a deal with Swiss chemical giant Ineos concerning the sale of its oil and gas activities.
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