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24. mai 2012 09:43:07
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Two Investors Cleared for Norway's Storebrand

Storebrand
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Norway has allowed two financial investors to raise their stakes in life insurer Storebrand to up to 20 percent, boosting its shares and rekindling talk of a possible takeover battle for the $3.9 billion group. The finance ministry gave the green light to Norwegian mutual insurer Gjensidige, which this month said it may list shares to gain strength for the region's consolidation drive, as well as to Icelandic bank Kaupthing. Storebrand is one…

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