Norway's Aker BP falls after BP sells 5% stake

Aker BP ASA

05/11/2026 09:00

** Shares in Aker BP AKRBP.OL fall around 11% to NOK 315, on track for their worst day since March 2020, after BP BP.L sold a 5% stake in the Norwegian oil and gas producer
** BP sold 31.6 million shares in Aker BP at a price of NOK 311 per share, raising gross proceeds of about NOK 9.83 billion ($1.06 billion)
** It will continue to hold 68.7 million shares in Aker BP, about 10.9% of outstanding shares
** Aker BP is the second worst performer on the pan-European STOXX 600 index .STOXX
($1 = 9.3035 Norwegian crowns)

(Reporting by Marta Frackowiak)
((marta.frackowiak@thomsonreuters.com))