Norway Chairman Nicolai Tangen and deputy chairman Trond Grande when the oil fund presented half-year results during Arendal Week. Photo: Ole Berg-Rusten / NTB Read more Close
NTB
23 Sep 2023 06:11 – Updated 23 Sep 2023 06:11
Oljefondet has ownership in six of the 20 largest groups within dairy products. The value of the shares at the end of last year was equivalent to over NOK 127 billion.
The oil fund has the largest stake in the world’s second largest dairy group, Nestlé, which has its headquarters in Switzerland, writes Nations.
The oil fund’s ownership is 2.81 per cent and corresponds to over NOK 88 billion.
The oil fund also owns 2.37 percent of the British group Unilever, which is one of the world’s largest ice cream groups and owns brands such as Ben amp; Jerry’s and Magnum. Here, the value of the shares is almost NOK 30 billion.
There is also ownership in dairies in France, China, Canada and Japan. Overall, the value of the shares in the companies is over 127 billion.
2023-09-23 04:11:07
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