French oil major Total is buying Maersk Oil in a $7.5 billion deal that will strengthen its operations on the North Sea and boost both earnings and cash flow. The deal marks another big step in the transformation of the group and hands it a good set of cards to play.
from Forbes Real Time http://www.forbes.com/sites/marcelmichelson/2017/08/21/total-buys-maersk-oil-with-good-sense-of-timing/
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