Denmark’s APMH bids $1.3 bln for tugboat group Svitzer
Denmark’s A.P. Moller Holding (APMH) said it has made an cash offer of 9 billion Danish crowns ($1.30 billion) for towage and marine service provider Svitzer, a 31.7% premium to Tuesday’s closing share price in Copenhagen. APMH, which spun off Svitzer in …