Norway SWF To Invest In Spanish Banks

The Norwegian sovereign wealth fund may invest in Spanish companies, including smaller banks.

The Norwegian sovereign wealth fund may invest in Spanish companies, including smaller banks, Reuters reports. The $544 billion fund has not divulged how much it would invest. The fund is not seeking controlling stakes, with maximum ownership in a single company at a 10% limit. It is uncertain whether the investment would include Spain’s regional savings banks, which are going through a restructuring.

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