tiprankstipranks
Akastor ASA Subsidiary Bolsters Stake in Odfjell Drilling
Company Announcements

Akastor ASA Subsidiary Bolsters Stake in Odfjell Drilling

Akastor ASA (AKKVF) has released an update.

Invest with Confidence:

Akastor ASA’s subsidiary has acquired over 3 million shares in Odfjell Drilling Ltd. at a nominal subscription price, significantly increasing the holding’s value in their portfolio. The shares, valued at NOK 169 million, will be reflected in Akastor’s Q2 2024 financial statements, replacing the previous book value of NOK 56 million.

For further insights into AKKVF stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App