Maersk to buy Brazil oil assets for $2.4 bln

Denmark's A.P. Moller-Maersk has agreed to buy oil assets in Brazil from South Korea's SK Energy for $2.4 billion to gain access to current production and growth potential, Maersk said.
The Danish shipping and oil group's Maersk Oil unit has agreed with SK Energy to acquire SK do Brasil Ltda. on a cash and debt-free basis, A.P. Moller-Maersk said on Thursday.
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Source: Reuters