Norway trims Entra stake to 8.2%

By Aidan Gregory
03 Dec 2019

The Kingdom of Norway has sold a chunk of its stake in Entra, the Norwegian real estate development company, via an accelerated bookbuild that attracted more than 200 orders, according to a source close to the transaction.

ABG Sundal Collier, DNB Markets and Goldman Sachs were bookrunners on the placing, which was launched after the market close in Oslo on Monday evening, following a wallcrossing exercise.

Norway sold 25m shares, a 14.1% stake in Enrta, at an offer price of Nkr133, valuing ...

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