Equinor spends $2.5bn to become a shareholder in Ørsted

Norwegian energy major Equinor has acquired a 9.8% stake in Danish offshore wind player Ørsted and became the second largest shareholder in the company after the Danish state. Equinor said that its ownership position had been built over time, through a combination of market purchases and a block trade. The current market value of Equinor’s …

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