10 November 2021
Maersk Drilling announces agreement to merge with Noble
The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”) today announced that it has entered into a definitive agreement to combine with Noble Corporation (“Noble”) in a 50/50 primarily all-stock transaction. The combined company will be named Noble Corporation, and its shares will be listed on the New York Stock Exchange and Nasdaq Copenhagen
“In 2016, A.P. Moller Holding instigated the restructuring of A.P. Moller - Maersk and the renewal of the A.P. Moller Group. As part of such restructuring, Maersk Drilling was demerged from A.P. Moller - Maersk with the objective to establish an independent company with a capable, focused Board and to actively participate in the required consolidation of a distressed drilling industry. The combination of Maersk Drilling and Noble creates a drilling company with a stronger customer proposition building on the companies’ extensive operational capabilities. The combined company will hold an industry leading balance sheet, significant cost synergies, a modern fleet and access to an international shareholder base.”
News from the A.P. Moller Group
Letter from the CEO
In connection with the publication of A.P. Moller Holding’s Annual Report 2025, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.
Annual Report 2025
A.P. Moller Holding delivered satisfactory results in 2025
A.P. Moller Holding leads the $60 million Series C equity financing in Upway
Upway is a leading e-commerce platform for buying refurbished e-bikes, driving the transition to sustainable urban mobility.
“We are excited to support Upway on its journey to revolutionize the global market for refurbished e-bikes. Upway’s ability to industrialize second-hand e-bike refurbishment and deliver the highest level of customer trust globally truly sets them apart. Today’s investment also reflects our confidence in Upway’s sustainable and scalable business model that aligns with our commitment to sustainable, long-term growth,” said Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.