Marine Link
Sunday, March 26, 2017

Buying More Shares in Kværner

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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