Denmark’s A.P. Moller-Maersk (MAERSKb.CO) and DONG Energy (DENERG.CO) are in talks to merge their oil and gas operations in a deal that would create a business worth more than $10 billion including debt, sources familiar with the matter said.
Maersk is working with Bank of America (BAC.N) on the potential deal, while JP Morgan (JPM.N) is assisting Dong Energy, said the people, who cautioned there is no certainty the parties would come to terms.
