Aker ASA: Sale of Aker ASA's real estate assets
Aker ASA ("Aker") today announced an agreement to sell real estate assets to Kjell Inge Røkke and his company The Resource Group TRG AS ("TRG"). Together with external financing, the transactions will release NOK 1.55 billion in cash to Aker and holding companies upon completion.The transaction comprises 25 per cent of the shares in the Fornebu Gateway AS real estate consortium and the shares in Aker Maritime Finance AS, which owns eight industrial properties acquired from Akastor ASA. The sale will generate a total cash consideration of NOK 952 million. Prior to the transaction, Aker will