Completion of sale of Odim shares to Rolls-Royce

Report this content
23 July 2009 - As announced on 29 June 2009, Aker Solutions has entered into an agreement to sell its 33 percent stake in Odim ASA to Rolls-Royce. Completion of the agreement was subject to clearance by Norwegian competition authorities. Such clearance has now been obtained and the sale of shares has been completed today.


ENDS


For further information, please contact:


Investor relations:
Ingrid Aarsnes, VP Investor Relations, Aker Solutions. Tel: +47 22 94 63 37, Mob: +47 950 38 364


Media:
Jannik Lindbæk jr., SVP Corporate Communications, Aker Solutions. Tel: +47 67 51 30 36, Mob: +47 977 55 622


Career opportunities:


Notes to editors:
Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities.


Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has aggregated annual revenues of approximately NOK 58 billion and employs approximately 23 000 people in about 30 countries.


Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. Through its majority-owned holding company Aker Holding AS, Aker controls 40.27 percent of the shares in Aker Solutions, and takes an active role in the development of the company.


This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.

Subscribe