Halliburton, the American oil services giant, is in the final stretch to buy Norwegian Aker Solutions



The news was released by the Norwegian financial newspaper Finansavisen and reports that the Aker Group, owned by Kjell Inge Røkke, is about to sell its oil services business.

Earlier reports, citing people familiar with the matter, speculated that Norwegian billionaire Rokke was considering the sale of Aker Solutions, and that negotiations with Halliburton have been going on for some time.

A spokesman for Aker ASA said the Norwegian investment firm will neither confirm nor deny its talks.

Shares of Aker Solutions today opened 15% more than previous closing at NOK 54.8 (previous closing NOK 47.7) and are trading between NOK 53.8 and NOK 56 on the Oslo Stock Exchange.


Aker Solutions ended 2016 with a profit of NOK 152 million (US $ 18.7 million), about 60% of profit in 2015 and so far the value of the business has not been disclosed.

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