Gjensidige cuts Sparebank 1 stake in Norwegian block trade

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Gjensidige cuts Sparebank 1 stake in Norwegian block trade

Gjensidige Forsikring, the second largest shareholder in Norway’s Sparebank 1 SR-Bank, has tonight launched a block trade to sell a 5.7% stake in the bank, worth about Nkr690m (€77m) before any discount.

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