Maersk stock sale raises $1.58 billion

Maersk stock sale raises $1.58 billion    A.P. Moller – Maersk A/S said successfully sold 250,340 treasury B shares through a private placement to institutional investors and would receive gross proceeds of about 8.26 billion Danish kroner ($1.58 billion).
   The shares sold at 33,000 Danish kroner ($6,313) per share.
   The company said earlier this week that the money raised would give it “financial flexibility” and “provide additional flexibility to pursue strategic opportunities.” The shares sold represent about 5.7 percent of the Danish company's total share capital.