Singapore Press: Norway's DNB Bank buys substantial stake in Ezra - Business Times

Ezra Holdings

29/09/2015 01:41

Norway's biggest bank has shelled out S$24.84 million ($17.3 
million) for a 7.04 per cent stake in offshore services firm 
Ezra Holdings  EZRA.SI , in an off-market deal that turned it 
into a substantial shareholder and one of Ezra's largest 
stakeholders, the Business Times reported. 
    DNB Bank ASA, a subsidiary of DNB ASA  DNB.OL , paid that 
sum for an interest in 207 million shares on Sept. 25, Ezra said 
in a Singapore Exchange after-market announcement on Monday. 
Before the transaction, DNB had held zero direct or deemed 
shares in Ezra, according to the bourse filing.  ID:nNrmc8hj1c  
 ID:nSNZzb482  
     
    NOTE: Reuters has not verified this story and does not vouch 
for its accuracy. 
 
($1 = 1.4320 Singapore dollars) 
 
 (Compiled by Anshuman Daga) 
 ((anshuman.daga@thomsonreuters.com; +65 6403 5676; Reuters 
Messaging: anshuman.daga.thomsonreuters.com@reuters.net)) 
 
Keywords: SINGAPORE PRESS/EZRA HLDGS