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Maersk Proposes $1.8B Share Placement

By Abigail Rubenstein ( September 2, 2009, 7:15 PM EDT) -- Danish shipping and oil giant A. P. Moller-Maersk revealed its plan Wednesday to sell up to 9. 2 billion Danish kroner ($1. 8 billion) in shares to beef up its balance sheet and fund future acquisitions, noting that bank loans — the company's traditional main source of capital — have grown harder to come by in the down economy. . . .

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