Buying More Shares in Kværner

Tuesday, November 20, 2001
Aker Maritime has increased its shareholding in Kværner from 17.9 to 20.15 percent. This will strengthen the company's opportunities for protecting its minority interests in Kværner. Since the larger shareholding does not give Aker Maritime a controlling interest in Kværner, the company is not under a duty to report it to the European Commission's competition authorities. It has nevertheless notified the Commission of the share purchase.

Aker Maritime has bought 2,503,500 Kværner shares. The company already held 1,8,980,836 shares in Kværner. After the acquisition, its holding in Kværner totals 21,484,336 shares.

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