You are here

Norway's DNB Bank buys substantial stake in Ezra

7.04% stake comes from S$24.84 million off-market purchase of 207 million shares at S$0.12 each
Tuesday, September 29, 2015 - 05:50

Singapore

NORWAY'S biggest bank has shelled out S$24.84 million for a 7.04 per cent stake in offshore services firm Ezra Holdings, in an off-market deal that turned it into a substantial shareholder and one of Ezra's largest stakeholders.

DNB Bank ASA, a subsidiary DNB ASA, paid