Stephen Treloar

2 days ago | bloomberg.com | Stephen Treloar

Salmon farming in Norway. (Bloomberg) -- A slump in salmon prices in May contributed to the first annual drop in Norwegian seafood exports after 10 months of growth as production of the pink-fleshed fish rose. Norway exported 13.6 billion kroner ($1.3 billion) worth of seafood in May, down 2% from a year earlier, the Norwegian Seafood Council said on Wednesday. Reduced volumes for clipfish and a stronger krone against the dollar also contributed to the decline.

4 days ago | bloomberg.com | Stephen Treloar

Construction cranes. Photographer: Bloomberg Creative Photos/Bloomberg(Bloomberg) -- Sentia AS, a construction company owned by Ratos AB with projects in Sweden and Norway, filed for an initial public offering in Oslo where it hopes to raise as much as 1.6 billion kroner ($160 million). Ratos will sell as many as 31.9 million shares in the Nordic builder, including over-allotment, cutting its 72% stake to less than 50%, according to a filing Monday.

1 week ago | news.bloombergtax.com | Stephen Treloar

Altor accepts the mandatory offer from Frasers Group for XXL and sells 23m A shares and 17m B shares at NOK10/share.

1 week ago | news.bloomberglaw.com | Stephen Treloar

accepts the mandatory offer from for and sells 23m A shares and 17m B shares at NOK10/share. • “Given the current situation and the increasing short-term challenges, Altor has decided to accept Frasers Group’s offer, in line with the Board’s new recommendation,” the private equity firm says in a statementTo contact the reporter on this story: in Oslo at [email protected] contact the editor responsible for this story: at [email protected]© 2025 Bloomberg L.P. All rights reserved.

1 week ago | bloomberg.com | Stephen Treloar

A DNB Bank ASA branch in Oslo, Norway. (Bloomberg) -- DNB Bank ASA’s investment banking unit sold its stake in active fund manager Holberg to Kistefos AS, the investment company of Norwegian billionaire Christen Sveaas, for an undisclosed amount. The Bergen, Norway-based Holberg has about 36 billion kroner ($3.6 billion) under management in its bond and share funds.