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Ocean Yield AS

Ocean Yield AS

Ship-Leasing Platform

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A.P. Moller Holding buys ship-leasing firm Ocean Yield from KKR

Money Moves

Target of the acquisition

The Maersk family's investment company is buying one of shipping's biggest leasing platforms. A.P. Moller Holding will take 100% of Oslo-based Ocean Yield from private equity firm KKR, adding interests in more than 70 vessels and about $5 billion in long-term contracted revenue.

Updated Yesterday