The operator of the world’s largest container shipping fleet is set to become the biggest oil product tanker operator after Denmark’s AP Møller-Maersk made an agreed offer for Sweden’s Broström.

The SKr57 per share offer, which values Broström’s shares at SKr3.62bn (€386m), is assured of shareholder approval after all the holders of the A Shares, which have disproportionate voting power, backed the offer.