AT&T

DirecTV Now To Go on Sale

AT&T Inc. said its internet-based television service DirecTV Now will go on sale this week and cost between $35 and $70 a month based on the package of channels that customers select.

The service, which will be available Wednesday, offers four tiers of channels that are delivered to web browsers, mobile phones and streaming devices like Amazon's Fire TV stick or Apple TV. The smallest package will include more than 60 channels, while the biggest will have more than 120.

--Thomas Gryta and Shalini Ramachandran

A.P. Moeller-Maersk

Shipping Unit Looks To Buy Hamburg SüdThe shipping arm of Danish conglomerate A.P. Moeller-Maersk A/S is looking to buy German peer Hamburg Süd, people with knowledge of the matter said, a deal that would help Maersk Line boost its presence in global trade with Latin America.

Maersk Line, the world's leading container-shipping operator, is interested in acquiring the entire Hamburg Süd business, which had $6.7 billion in revenue in 2015, not just picking up a few vessels, a person familiar with the matter said.

Hamburg Süd, the world's seventh-biggest container operator in terms of capacity, is part of the Oetker Group, a family-owned German conglomerate.

--Costas Paris

CENTENNIAL RESOURCE

Silverback to Sell Upstream Assets

Centennial Resource Development Inc. said Monday it would buy $855 million of energy acreage and assets.

Centennial said it would acquire the upstream assets of Silverback Exploration LLC, including 35,000 acres, in a transaction that involves an affiliate of private-equity firm Riverstone Holdings LLC buying the assets, then assigning the right to purchase the assets to Centennial.

The assets are in Reeves County, Texas, in the Delaware Basin, a sub-basin of the Permian Basin. Denver-based Centennial's assets are already concentrated in the Delaware Basin.

--Austen Hufford

(END) Dow Jones Newswires

November 29, 2016 02:48 ET (07:48 GMT)

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