Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Fram Exploration is struggling with the sale process
September 11, 2018

The Norwegian oil company Fram Exploration AS has been working for almost a year to sell shares to boost liquidity. The company continues to work on a sale of all or part of the company's assets, but has not yet been successful in finalizing a transaction. The largest owner is Rex International Holding with just over 30% of the shares in front of Loyz Usa Holdings, which owns 13.75% of the shares. PE fund Staur Private Equity, is the third largest owner, while Pareto holds 11.05% of the shares, making it the fourth largest owner.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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