Afternoon Coffee: Total Buys Maersk Oil for $5 Billion, First Round of NAFTA Talks Conclude

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French energy giant Total SA announced Monday it has agreed to purchase the oil and gas unit of A.P. Moller-Maersk for just under $5 billion. While the opening round of talks to update the North American Free Trade Agreement (NAFTA) have concluded, the discussions revealed “deep fissures” between the U.S. position and that of Mexico and Canada. Afternoon Coffee brings you the latest in procurement and supply chain news.

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