Sunday, 3 February 2019

The Company Formerly Known as Statoil Expands into Electricity Trading

Equinor has bought Danske Commodities ("DC") for 459m EUR, making it a wholly owned subsidiary but not compromising the Danske name. DC CEO Henrik Lind heralded the deal as "an exciting new chapter for both companies".  DC achieved a 50% ROE in 2017.

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