COMPLETES LIMITED DIVESTITURE OF AKER YARDS SHARES
- The limited share divestiture is part of an overall strategic plan to free up liquidity, strengthen Aker`s balance sheet, and increase its financial clout for further industrial moves. Aker also achieves a more balanced portfolio of industrial investments, says Aker`s Board Chairman and President and CEO Leif-Arne Langøy.The Aker Yards and Aker Kværner share sales (see yesterday`s announcement) have freed up a total of NOK 4.7 billion. The share divestitures strengthen Aker`s ability to continue to develop future-oriented industrial businesses and create value for customers, society, and