Saudi Arabia’s wealth fund holds 0.3% stake in Norway’s Equinor

Industry:    2020-05-15

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), holds a 0.3% stake in oil and gas firm Equinor, the Norwegian firm’s public records showed ahead of Thursday’s annual general meeting of shareholders.

The stake, worth 1.5 billion Norwegian crowns ($146 million), makes PIF the 19th biggest owner. The Norwegian government owns 67% of Equinor.

print
Source: