comment, but shares in both companies have risen to record highs in recent weeks.
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Statoil Prepares for Sell Off
Norweigan government ready to shed interest in prized asset...
Norway's government plans to sell stakes worth $1.17-$1.46 billion in both state-dominated oil company Statoil and telecom group Telenor, Norweigan independent television said.
TV2 quoted "reliable sources" saying the sales would go ahead before the summer.
Government officials were not available for
comment, but shares in both companies have risen to record highs in recent weeks.
comment, but shares in both companies have risen to record highs in recent weeks.
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