Equinor buys almost 10% stake in Ørsted

Equinor-CEO-Anders-Opedal

Two of Europe’s biggest energy giants have edged closer together as Equinor takes a 9.8% stake in Ørsted.

The current market value of Equinor’s holding is now around $2.5 billion, with an intention to increase the ownership to a round 10%, subject to obtaining the necessary approvals.

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