EnergyWatch

Maersk Drilling debuts with USD 3.5 billion market value

With a price per equity of USD 86.5, Maersk Drilling is worth roughly USD 3.5 billion after brief trading period Thursday, the share's first day on the market.

Photo: PR-foto

Maersk Drilling debuts on the Nasdaq Copenhagen Thursday with a share price of USD 86.5 after brief period trading. This makes the drilling company's market value roughly USD 3.5 billion.

Thursday is the first day that Maersk Drilling trades publicly following the company's spin-off from A.P. Møller-Mærsk. The B share dropped by 10.1 percent to USD 1201.8 after the spin-off.

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