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Europe Daily Bulletin No. 7965

16 May 2001
Contents Publication in full By article 31 / 41
ECONOMIC INTERPENETRATION / (eu) privatization

- Norway: the Norwegian Government has announced that on 18 June it is to float between 15% and 25% of the State-owned oil group STATOIL on the stock exchange. The company, valued at around 18.75 bn euro, will be quoted on the Oslo and New York Stock exchanges. Once on the stock exchange, STATOIL could sell additional shares in its capital in the framework of a cross shareholding with a strategic partner. In the long-term, the Norwegian State will nevertheless retain two-thirds of the...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION