Ørsted
Assembly Line
Equinor acquires a 9.8% minority stake in Ørsted
Equinor ASA (OSE:EQNR, NYSE:EQNR) has acquired 41,197,344 shares in Ørsted A/S (“Ørsted”), corresponding to 9.8% of the shares and votes in the company. The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company.
Equinor is supportive of Ørsted’s strategy and management, and is not seeking board representation. Equinor’s ownership position has been built over time, through a combination of market purchases and a block trade.