Norway Looking to Divest Stakes in Four Aker Firms


November 10, 2020
Norwegian Industry Minister Iselin Nyboe / Credit: Marte Garmann

Norwegian Industry Minister Iselin Nyboe / Credit: Marte Garmann

The Norwegian government is seeking approval from parliament to divest the state's stakes in Aker Solutions, Akastor, Aker Offshore Wind and Aker Carbon Capture, the industry ministry said on Tuesday.

"We are in no hurry to sell the government's shares in these companies but are open to doing so if we can get a good price," Industry Minister Iselin Nyboe said in a statement. 

(Reporting by Terje Solsvik, editing by Gwladys Fouche)

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